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Creekside Storage Portfolio 5 Specialty Properties Offered at $11,220,000 in Multiple Locations
Investment Highlights
- Knoxville MSA Without REIT Saturation // The portfolio sits just outside Knoxville’s institutional core, benefiting from the MSA population growth
- Proven Self-Storage Markets // Knoxville and surrounding counties continue to benefit from strong net in-migration, household formation & commuters
- Clear Path From Stabilized Yield to Long-Term Upside // Acquisition at a 7.10% in-place cap rate provides immediate cash flow
- Strong Demand Drivers Demonstrated by Solid Occupancy // Demand is supported by manufacturing, healthcare, education, research & tourism
- Smaller-Format Facilities With Quality Amenities // The portfolio consists of smaller, well-maintained facilities, gated, fenced, lighting & cameras
Executive Summary
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 1and a 7.89% cap rate on proforma.
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 1and a 7.89% cap rate on proforma.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $11,220,000 | Number of Properties | 8 |
| Price / SF | $179.67 / SF | Individually For Sale | 0 |
| Cap Rate | 7.10% | Total Building Size | 62,447 SF |
| Sale Type | Investment | Total Land Area | 12.14 AC |
| Status | Active |
| Price | $11,220,000 |
| Price / SF | $179.67 / SF |
| Cap Rate | 7.10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 62,447 SF |
| Total Land Area | 12.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3832 Morganton Rd, Maryville, TN 37801 | Specialty | 8,340 SF | 1996 | - |
| 1346 Payne School Dr, Sevierville, TN 37876 | Specialty | 14,000 SF | 1996 | - |
| 2459 Boyds Creek Hwy, Sevierville, TN 37876 | Specialty | 2,200 SF | 1997 | - |
| 239 Burnett Station Rd, Seymour, TN 37865 | Specialty | 21,107 SF | 1992 | - |
| 821 Boyds Creek Hwy, Seymour, TN 37865 | Specialty | 16,800 SF | 2004 | - |
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