Fulton Realty Capital assisted a private client in acquiring a self-storage property on South Carolina's coast. The team of real estate advisors at Fulton spearheaded asset sourcing, CMBS financing, and negotiations.
Situated in a highly sought-after area with strong demographics, the facility boasts 27,000 SF of rentable space. In addition to 200 storage units, there are 18 RV parking spaces on site.
The client will lean on Fulton's extensive in-state experience to optimize its rates and develop ancillary product offerings. Plans to improve the asset's curb appeal and enable online rental capabilities are already in place. A professional, third-party management company will operate the facility.