Justin Draplin Acquires Self Storage Portfolio From Scott Emerick For $9.3M In Lumberton

The property asset involved in this transaction is a self-storage facility portfolio located at 1402 Linkhaw Rd, 2171 Gavintown Road, and 1600 Starlite Drive in Lumberton. The sale price for the portfolio was $9,300,000, covering a total net rentable square footage of 142,005, resulting in a price per net rentable square foot of $65.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $9,300,000
• Buyer: Justin Draplin
• Seller: Scott Emerick
• Broker Representation: David Perlleshi & Frank DeSalvo - Franklin Street
• Date of Sale: 10/16/2026

David Perlleshi and Frank DeSalvo from Franklin Street represented the sellers in this successful transaction. The sale of the three-property portfolio was completed after six months of negotiations, during which several extensions were required. The deal was closed at the original terms with no retrades, reflecting the trust and collaboration between the brokerage and the client.