Listing Summary
SVN is pleased to present the exclusive opportunity to purchase a highly stable, cash-flowing Multi-State Self-Storage Portfolio featuring five strategic locations across Hattiesburg, Mississippi, and Panama City, Florida.
Full Description
Multi-State Self-Storage Portfolio for Sale – Hattiesburg, MS & Panama City, FL
Are you looking to acquire immediate, institutional-scale market share in the booming Southeast self-storage sector? SVN is pleased to present the exclusive opportunity to purchase a highly stable, cash-flowing Multi-State Self-Storage Portfolio featuring five strategic locations across Hattiesburg, Mississippi, and Panama City, Florida.
Offered at a competitive price of $6,550,000, this expansive industrial portfolio totals an impressive 101,235 square feet of building space across a combined 9.65 acres. Comprising 691 secure storage units, the asset is priced aggressively below replacement cost at just $65.00 per square foot. This investment offers an exceptional blend of geographic diversification, immediate scalability, and substantial value-add potential in two of the region's most resilient economic markets.
Comprehensive Portfolio Breakdown & Property Specifications
This portfolio is meticulously distributed across five high-visibility commercial locations, optimizing local neighborhood reach in both states:
Hattiesburg, MS Asset Breakdown (Total: 62,735 SF)
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4129 Hwy 15 N, Ste 2: 29,620 SF — High-traffic arterial corridor location.
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2298 Edwards Street: 21,115 SF — Strong infill residential submarket.
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102 Deason Street: 12,000 SF — Secure, accessible commercial storage hub.
Panama City, FL Asset Breakdown (Total: 37,000 SF)
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1717 Frankford Ave: 27,000 SF — High-density, central commercial zone.
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2726 15th Street: 10,000 SF — Premium placement near major coastal transit routes.
Financial & Physical Portfolio Summary
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Combined Purchase Price: $6,550,000
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Total Portfolio Building Size: 101,235 SF
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Total Portfolio Unit Count: 691 Units
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Combined Lot Size: 9.65 Acres
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Price Per Square Foot: $65.00 / SF
Strategic Investment Highlights & Market Drivers
1. Unbeatable Portfolio Valuation ($65/SF)
Acquiring premium commercial real estate at $65.00 per square foot is an incredibly rare find. This aggressive baseline pricing sits well below current replication and construction costs, providing an immediate equity cushion for institutional investors and private equity groups.
2. Panama City, FL: Rapid Coastal Expansion & Tourism Surge
The Florida segment of the portfolio is strategically positioned within a vibrant, expanding coastal community. Panama City boasts a local population surpassing 37,500, with a broader metropolitan statistical area (MSA) nearing 230,000 residents.
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The Tourism Factor: Located steps from Panama City Beach—a premier national vacation destination drawing millions of visitors annually—the facility captures immense seasonal and commercial storage demand from hospitality, boating, and beach recreation industries.
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Economic Drivers: Fuelled by robust healthcare, education, military presence, and manufacturing sectors, the city’s expanding infrastructure and ongoing residential housing developments provide an ideal foundation for sustained self-storage demand.
3. Hattiesburg, MS: Institutional Stability & Consistent Demand
Complementing the high-growth Florida coastal market, the Mississippi properties anchor the portfolio with reliable economic stability. Hattiesburg is a thriving hub with a stable population of over 50,000 people. Home to major universities and healthcare networks, this market features strong, predictable occupancy rates driven by steady household turnover, student populations, and local business logistics.
4. Proven Value-Add Infrastructure
Spanning nearly 10 acres of combined commercial land, this portfolio offers massive operational upside. Investors can capitalize on economies of scale by implementing centralized cloud-based property management, remote kiosks, and optimized web-marketing strategies across all five locations. There is also a strong potential for revenue management optimization through tiered rental rate increases and the addition of tenant insurance programs.
Capitalize on the Southeast Commercial Real Estate Growth
With 691 units spread across two high-performing states, this 101,235 SF self-storage portfolio represents an unmatched value-add opportunity. Whether you are looking to expand an existing regional footprint or deploy capital into a highly resilient asset class with built-in geographic diversification, this portfolio delivers on all fronts.
Don't miss out on this institutional-grade investment. To receive the full offering memorandum, complete financial underwriting data, and historical occupancy reports, contact our advisory team today.
Quick Glance
- Listing ID:
CL-Florida-27777
- Status:
Active
- Year Build:
N/A
- Building Size:
101,235 SqFt
- Lot Size:
N/A