Self-Storage Portfolio | Riverbend Storage IL | 346 Units | $8,092/unit | Edwardsville, IL | Alton, IL | Cottage Hills, IL

3899 Blackburn Rd, Edwardsville, IL, 62025

Sold!
Self-Storage Portfolio | Riverbend Storage IL | 346 Units | $8,092/unit | Edwardsville, IL | Alton, IL | Cottage Hills, IL
Parties: Tony Smallmon
Other Parties:
Comments:

Weber Living Trust sold a self-storage facility portfolio to BSH Properties, LLC. The combined facilities totaled 350 units and are located in Edwardsville, Alton and Cottage Hills, Illinois. BARBERMURPHY represented both parties in this transaction.

Portfolio total of 66,605 SF, 346 Enclosed Units, 66 Outside Spaces, 3 Office Suites and a Warehouse. Consistent performance history at a 9% CAP.

Edwardsville Location

  • 24,010 SF Storage Facility
  • 2,565 SF Office/Warehouse
  • 123 Enclosed Units
  • 66 Outdoor Spaces
  • Proposed (2) 40′ x 100′ Units
  • Located off I-55; Exit 23 with Interstate Visibility

Cottage Hills Location

  • 13,630 SF Storage Facility
  • 114 Enclosed Units
  • Web based surveillance cameras
  • 1.88 acre facility

Alton Location

  • 22,000 SF Storage Facility
  • 4,200 SF Office Building
  • Web based surveillance cameras
  • 2.13 acre facility
  • Constructed with Block Walls, Concrete Lintel Roof with Hurricane Clips
Date: Apr 13, 2019
Transaction Amount: $0

Presented by:

Request additional information
Office: (618) 277-4400


Send a message