APPALOOSA REAL ESTATE PARTNERS SELLS HAYESVILLE SELF STORAGE

Charlotte, North Carolina (October 2022) –

Appaloosa Real Estate Partners has successfully negotiated the sale of Hayesville Self Storage. The property is located at 425 Old Highway 64 in Hayesville, NC.

“It was a pleasure working with our partners and the buyer on this recent transaction,” said Brian Miller, Partner. “Hayesville Self Storage is a quality asset with the majority of the property being new construction, an ideal fit for a long-term holder.”

 

Appaloosa acquired Hayesville Self Storage in 2020 and executed a performance improvement and expansion strategy, tripling the size of the facility. “We are excited about delivering our investors above-market returns, said Mr. Miller. We continue to invest in western North Carolina.

ABOUT APPALOOSA REAL ESTATE PARTNERS

Appaloosa Real Estate Partners is a Charlotte, NC-based commercial real estate investment firm that specializes in the development, acquisition and management of multifamily and self-storage properties throughout the Southeastern U.S. Appaloosa’s mission is to deliver exceptional value for customers in the communities within which it operates while generating superior risk-adjusted returns for investors. Appaloosa’s principals have $40 billion in executed commercial real estate and corporate transaction experience. Investments are capitalized through partnerships with accredited and institutional investors. Learn more at www.appaloosarep.com.