REBusinessOnline

Marcus & Millichap Brokers $2M Sale of 240-Unit Self-Storage Facility

9900-Vale-St-Coon-Rapids-MN

The 240-unit Dot Mini Storage in Coon Rapids, Minn., sold for $2 million.

COON RAPIDS, MINN. — Marcus & Millichap has brokered the sale of Dot Mini Storage, a self-storage facility with 6.7 acres of developable land in Coon Rapids. The asset, which features 240 units, sold for $2 million. Located at 9900 Vale St., the facility, which was built in 1984, features an on-site manager’s office and apartment, coded-access gate, perimeter fencing and a heated warehouse. Adam Haydon of Marcus & Millichap represented the seller, a private investor, while Haydon and Adam Schlosser, also of Marcus & Millichap, represented the seller, a private investor, in the transaction.

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