Tuscaloosa 376-unit self-storage facility sells for $3.6 million
The property consists of 41,630 rentable square feet situated on 3.32 acres.
Mason Reed 
A significant commercial real estate deal has closed in Tuscaloosa, where Bama Mini-Storage was recently sold for $3.6 million. The 376-unit facility, located at 213 Skyland Boulevard near the intersection of Interstates 20 and 359, spans 41,630 rentable square feet across 3.32 acres.
Property Details and History
The fenced and gated complex has evolved since its initial development in the early 1990s. While the property originally consisted of seven units, it saw a major upgrade in 2019 when two buildings were replaced by a 7,000-square-foot climate-controlled facility. Today, the asset includes newer structures and a manager’s apartment.
Transaction Insights
The sale was facilitated by Marcus & Millichap's team of Dave Knobler, Eddie Greenhalgh, Dustin Reese, and Mixson Staffel, who represented both the seller and the buyer—both of which were identified as Alabama-based limited liability companies.
According to Dave Knobler, a senior managing director of investments at Marcus & Millichap, the marketing process faced challenges due to supply pressures in the regional market. However, through the team's efforts, they successfully located a local investor eager to expand their Tuscaloosa portfolio. The facility remains a strong asset, maintaining high yearly occupancy rates and a long-term tenant base. For more reporting on Alabama business news, keep following 205focus.com.
