Core SoCAL Self-Storage Portfolio Opportunity – Carlsbad & Carson, CA

Sold
NRSF
270,841
Core
Los Angeles & San Diego
Core Locations: Core Southern California (Los Angeles & San Diego) storage portfolio offering
Strong Occupancy: Average occupancy of 90%
Best-in-Class Assets: Class A, institutional quality assets
Limited New Supply: Very high barrier to entry markets with virtually no new supply in the pipeline
Sizable Presence: Properties offer a total of 270,841 rentable SF and 2,284 units
Solid Rent Growth: 13% growth on in-place rent per SF since August 2022
Strategic Locations: Highly visible, prominent locations
Highly Stable Cash Flow: Stabilized offering provides an opportunity for immediate yield with more than $6.4M of in-place revenue
Flexible Offering: Owner will consider offers on individual stores as well as the portfolio

The Cushman & Wakefield Self Storage Advisory Group has successfully closed on the sale of the Core SoCal Self Storage Portfolio.




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