Self Storage in Selma, AL, Sold

Posted: 6/26/2018
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A-1 Mini Storage, located in Selma, AL, was sold in mid-June to an out of state buyer. The buyer formed an LLC for the purpose of acquiring the facility.

Comprised of 3 locations within a half-mile radius and 20 self storage buildings, A-1 Mini Storage offers 87,321 RSF, with 556 standard self storage units, 27 climate units and 4 office suites on approximately 5 acres. The facility was opened around 1979 with the last expansion in 2017. Amenities include cameras, lighting and a rental office. There is room for onsite expansion at one of the locations.

Michael Morrison, Associate Broker with Midcoast Properties, Inc., led this effort on the firm's behalf.

Midcoast Properties, Inc. is a leading broker of commercial real estate in the Southeast focusing on the self storage industry. Brokerage services are available in North Carolina, South Carolina, Georgia and Alabama. The firm’s focus is to be a valuable resource to self storage owners, buyers, industry members and investors.

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