Marla Čolić and Alex Erbs announce the sale of Troy Storage Solutions

EquiCap Commercial is pleased to announce the successful sale of Troy Storage Solutions, a self-storage facility located, at 1454 S. Main St. in Troy, MO, approximately 50 minutes northwest of downtown St. Louis.

Troy Storage Solutions consists of 111 non-climate-controlled storage units, 41 parking spaces and one contractor unit totaling 13,948 rentable square feet on approximately 2.91 acres. Recent capital improvements include a motorized entry gate, security cameras and upgraded gravel drives.

Troy Storage Solutions attracted investor interest due to its strong in-place occupancy, remote management capabilities, and future growth potential through continued lease-up and rental rate optimization.

Alex Erbs said, "Following a national marketing campaign that generated multiple competitive offers, we successfully brought together the buyer and sellers who are both experienced St. Louis-area real estate professionals. The buyer is a successful commercial real estate investor and this is his first self storage investment. The transaction closed smoothly and delivered a great outcome for all parties." The seller added, "Marla and Alex are top notch! They found us an awesome buyer quickly and kept us organized and on track throughout the entire escrow process. I would highly recommend them to anyone looking to sell or buy storage facilities."

If you are considering buying or selling a self-storage property, contact EquiCap Commercial to discuss current market conditions and how our team can help you achieve your investment goals.