12 Nov Strategic Self-Storage Facility Sale: Premium Gulf Coast Investment Property Transitions to Private Equity
Southeast Self-Storage Market Success: Long Beach Facility Acquisition
When Extra Space Storage in Long Beach, Mississippi hit the market, it quickly became clear this wasn’t just another self-storage facility sale. As a leading self-storage broker in the Southeast, Michael Morrison knew this property’s unique combination of location and features would attract serious investors. His instincts proved right – the 368-unit facility caught the attention of multiple qualified buyers before a private equity group secured the deal, adding another success story to the booming Gulf Coast self-storage market.
Gulf Coast Self-Storage Investment Opportunity Overview
The Long Beach self-storage market presented an exceptional investment opportunity with this strategic acquisition:
- Property Classification: Premium Self-Storage Facility
- Strategic Location: Long Beach, MS with prime visibility on Pineville Road and Alexander Avenue
- Market Position: Ideally situated between Biloxi (10 miles East) and New Orleans (60 miles West)
- Total Units: 368 storage units
- Unit Diversity: Mix of traditional and climate-controlled storage options
- Security Features: Advanced surveillance cameras, strategic lighting, secure fencing
- Access Control: Electronic gate system with personalized keypad entry
- Management Infrastructure: On-site manager’s apartment
- Additional Revenue Stream: Retail supply office
- Target Market: High-growth Gulf Coast corridor
- Property Management: Professionally managed by Extra Space Storage
- Post-Sale Operations: Rebranded under Storage Sense management
Southeast Self-Storage Market Analysis and Property Valuation
The Long Beach self-storage facility stands out as a premier investment opportunity in the expanding Gulf Coast market. Strategically positioned between Biloxi and New Orleans, with Biloxi just 10 miles east and New Orleans 60 miles west, the location captures demand from both markets. This prime placement along Mississippi’s Gulf Coast corridor ensures steady client flow from both residential and commercial sectors. The facility’s proven record of accomplishment under Extra Space Storage’s professional management made it especially appealing to institutional investors looking for established self-storage facilities in growth markets.
Self-Storage Investment Strategy and Marketing Approach
Our self-storage real estate expert, Michael Morrison, recognized that standard marketing wouldn’t suffice for a property of this caliber. His comprehensive approach included targeted outreach to qualified investors, detailed market analysis of the Long Beach-Biloxi corridor, and compelling data on the facility’s performance under Extra Space Storage management. This strategic marketing elevated the property above competing listings, resulting in multiple inquiries from institutional investors seeking premium Gulf Coast self-storage assets.
Commercial Real Estate Transaction Expertise
Our deep experience in self-storage transactions played a crucial role in this deal’s success. Beyond just connecting buyers and sellers, Morrison’s expertise helped navigate complex valuation challenges specific to the Gulf Coast market. By leveraging market data from similar facilities in Biloxi, Gulfport, and Long Beach, he provided potential investors with clear projections of the facility’s growth potential under new management. This data-driven approach, combined with the property’s strong performance history, created compelling value propositions that resonated with institutional investors.
Investment Property ROI and Market Impact
The successful transition of this Extra Space Storage facility to Storage Sense ownership signals a significant shift in the Long Beach self-storage market. Private equity’s growing interest in Mississippi Gulf Coast properties reflects the region’s strong fundamentals and growth potential. This transaction, particularly notable for its prime location between Biloxi and New Orleans, sets new benchmarks for similar facilities in secondary Southeast markets. Storage Sense’s entry into the market validates the area’s investment appeal and suggests further institutional activity ahead.
Strategic Investment Opportunities
In today’s dynamic self-storage market, expertise matters. Michael Morrison at Superior Capital Advisors brings targeted experience in Gulf Coast self-storage transactions, offering institutional-grade analysis and proven results. Whether you’re exploring facility valuations or market opportunities between Biloxi and New Orleans, contact our team to leverage our growing network of qualified investors and comprehensive market insights.
