---
title: 60,000 SF Self-Storage Facility
description: Fulton Realty Capital advised on the acquisition of a self-storage facility in North Alabama. The 60,000 SF property offers significant upside.
image: https://www.fultonrc.com/hubfs/Transactions/Self%20Storage%20Alabama.png
---

# Recent Transactions

## 60,000 SF Self-Storage Facility

 September 29, 2023 •[Fulton Staff](https://www.fultonrc.com/transactions/author/fulton-staff)

**

[Self-Storage](https://www.fultonrc.com/transactions/tag/self-storage)• [Alabama](https://www.fultonrc.com/transactions/tag/alabama)

![Alabama and Self Storage](https://www.fultonrc.com/hs-fs/hubfs/Transactions/Self%20Storage%20Alabama.png?height=630&name=Self%20Storage%20Alabama.png) Fulton Realty Capital advised an individual investor on the acquisition of a self-storage property in North Alabama. The property was sourced by Fulton's commercial real estate team, who also secured CMBS fixed rate financing and led all negotiations.

Featuring more than 500 storage units, encompassing 60,000 rentable SF, the facility was 85% occupied at closing. Located just north of a major metropolitan area and situated along a major state route, the asset has significant upside potential.

Formerly independently owned and operated, the facility will be run by a professional, third-party management company. In addition guiding to a strategic rebranding, Fulton's team will help the new owner improve performance through the implementation of marketing and revenue management systems. 

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