Deal Stories
Every self-storage transaction has a story. Behind each closing are unique ownership objectives, market dynamics, operational challenges, and strategic decisions that require more than brokerage—they require thoughtful advisory guidance.
Andy Beeckman's background in self-storage operations, development, and investment sales provides him with a practical perspective that extends well beyond the transaction itself. His experience helps owners and investors evaluate opportunities, overcome complex challenges, and maximize long-term value across every stage of the investment lifecycle.
Explore a selection of Andy's recent transactions to see how strategic planning, market knowledge, and a client-first approach have helped self-storage owners and investors successfully achieve their investment objectives.
Contact Andy to learn how he can help you achieve your self-storage investment goals
A Place for Stuff | Gray, TN (Tri-Cities MSA)
Highlights:
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Already set-up for remote management
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172 drive-up units and 27,300 Net Rentable Square Feet with asphalt drive aisles and concrete on slab construction with Kiosk
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High Quality Single-Story: Institutional Quality Construction, Gated & Fenced, Lighting Throughout
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Expansion: Approximately 1/2 acre of expansion opportunity for future development in the rear of the parcel
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Population Growth: Population Growth in a 3-mile Radius has been 8% in the last 4 years with a Median Household Income of $81,909
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Regional Demand Drivers: Gray and surrounding parts of Washington County have experienced significant residential development in recent years as suburban migration from Johnson City continues to push northward
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Occupancy Upside: Significant current occupancy rented at $0 to owners’ family & friends
DEAL STORY: The ownership group at A Place for Stuff built the facility in 2021 and operated it as a family run business. This presented an excellent opportunity for the buyer to add value through both management improvements and expansion. These factors presented clear upside in a highly desirable market of East TN.
Bakers Creek Storage | Greenback, TN
Highlights:
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198 Units | 26,380 NRSF
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Fully Fenced and Gated, Security Cameras, Concrete Drive Aisles
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On-Site Office
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Room for Expansion
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Climate-Controlled, Non-Climate Controlled and Parking
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Built in 2018
DEAL STORY: Bakers Creek Storage had enjoyed occupancy rates of 92-98% since opening its doors in 2018. Independently owned & operated, the Seller was excited to take next steps to retire while he still can enjoy his time in the mountains. With a home base at the foothills of the Smokey Mountains in the Knoxville , TN area, and with numerous outdoor hobbies, the time was perfect for a smooth and clean exit. “Hiring Andy was one of the best decisions I made during this process”, noted the Seller.
Giving the owner a clean exit into retirement and enabling a well-qualified investor to take over operations will breathe new life into the property for years to come.
Louisville Road Mini Storage | Bowling Green, KY
Highlights:
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Owner-operated with minimal technology
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823 drive-up units and 125,334 Net Rentable Square Feet
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High Quality Single-Story: Institutional Quality Construction, Gated & Fenced, Lighting Throughout
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Expansion: Approximately 1/2 acre of expansion opportunity for future development in the front of the parcel
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89% Physical Occupancy, 88% Economic Occupancy
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No tenant insurance program in place, providing an immediate operational upside
DEAL STORY: The property was built by the father and operated as a father/son duo. As time went on, the thought of running a storage facility for the next 40 years did not excite the son or align with his future vision. Originally, the owner listed "For Sale by Owner" thinking that was the best approach. After a very frustrating and busy first 30 days, they father got connected with Andy to help him through the process. A man of action, Andy jumped in to explore what they both really wanted to get out of the sale and how to best get there. With the deep expertise in underwriting, a thorough network of inverstors and understanding the nuance of the Bowling Green market, Andy was able to bring a very experienced operator to the table. After a courtesy site visit, a contract was negotiated and the deal was off and running.
The transaction created a true win-win outcome. At the end of the day, the family run business had a clean exit with father retiring and the son off to new ventures. The deal also presented an excellent opportunity for the buyer to add value through both management improvements, expansion and adding scale to their portfolio.