EquiCap Commercial is pleased to exclusively present the Creekside Storage Portfolio, an eight-property self-storage
portfolio located in high-growth submarkets in East Tennessee, within close proximity to the Knoxville MSA.
The portfolio totals 110,138 net rentable square feet across 709 units, consisting of smaller-format facilities with strong
occupancy and durable local demand. Properties are strategically positioned in the following markets:
Seymour – 239 Burnett Station Rd and 821 Boyds Creek Hwy
Sevierville – 1346 Payne School Dr and 2459 Boyds Creek Hwy
Morristown – 318 Boyd School Rd and 3303 W Andrew Johnson Hwy
Harriman – 3010 Roane State Hwy
Maryville – 3832 Morganton Rd
The facilities sit on 8.38 total acres across Blount, Sevier, Roane, and Hamblen Counties. Construction consists of a
combination of metal and concrete block buildings, metal and shingle roofing and gravel and asphalt drive aisles. Each
property is well maintained and positioned in markets that operate outside the saturated, REIT-driven core, allowing for
pricing flexibility and continued operational upside. Note that the current owners switched Management software
platforms to Cubby in May 2025, paid through May 2026, with 100% of tenants on ACH or credit card, (54%) Autopay.
The portfolio spans an East Tennessee corridor anchored by Knoxville and supported by a diverse economic base with well established
industries such as education, research, manufacturing, healthcare, freight & logistics and tourism. This region
continues to benefit from in-migration, lower relative housing costs and stable employment, pushing residential growth
outward from Knoxville into surrounding counties. These dynamics create consistent self-storage demand driven by
household mobility, downsizing, seasonal use, and small-business storage.
The current owners have been able to execute a vision of technology modernization, systematic existing
customer rate increases and efficient, localized operations. Creekside Storage Portfolio offers the opportunity for
investors to step into a stable platform and continue to execute on a proven playbook. Acquiring the portfolio at
$11,220,000 provides an in-place 7.10% cap rate with the pathway to enjoy a projected 7.67% cap rate in Year 1
and a 7.89% cap rate on proforma.
Andrew Beeckman
EquiCap Commercial in Association with ParaSell
