CRE O Indiana

Marcus & Millichap sells storage facility in Indiana

Marcus & Millichap Real Estate Investment Services recently sold Secure Storage, a 15,920-square-foot self-storage facility property located in Edinburgh, Ind., according to Josh Caruana, regional manager of the firm’s Indianapolis office. The asset commanded a sales price of $350,000.

Marcus & Millichap Real Estate Investment Services recently sold Secure Storage, a 15,920-square-foot self-storage facility property located in Edinburgh, Ind., according to Josh Caruana, regional manager of the firm’s Indianapolis office. The asset commanded a sales price of $350,000.

Mickey Hurley, an investment specialist in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the seller, Secure Storage LLC.  The buyer, M&L Storage LLC, was also secured and represented by Mickey Hurley.

Secure Storage is a Class B+ storage facility consisting of 106 storage bays for storing household and personal goods with additional outside space for storing vehicles.  Built using all-steel construction in 1996 and then expanded in 2006, Secure Storage boasts an array of modern amenities to include fully fenced perimeter with a keypad controlled entry, surveillance, security alarm, paved drives and onsite office.