Marla Čolić and Alex Erbs Announce Sale of Sally's Storage

EquiCap Commercial is pleased to announce the successful sale of Sally’s Storage, a well-maintained self-storage facility located at 10955 Spring Town Rd in Mineral Point, Missouri.

NRSF: 18,960

Units: 83

Acres: 1.25

While smaller in scale, this transaction demonstrates the breadth of EquiCap Commercial’s network, connecting owner-operators with investors ranging from individual buyers to institutional groups. Sally’s Storage offered the buyer an opportunity to acquire an income-producing asset well positioned for continued remote management.

“Sally’s Storage attracted interest from investors across the country, driven in part by its strong in-place cap rate of nearly 9 percent. We received multiple offers from the market, ultimately closing with an out-of-state investor making his first self-storage investment in Missouri,” said Marla Čolić.

If you are considering buying or selling self-storage property, we welcome the opportunity to discuss how our team can help you achieve your investment goals.