Steven and Janice Disbrow, owners of management company Maximize Self Storage Management, have purchased Holly Hill Mini Storage in Holly Hill, Fla., for $1.4 million. The seller was Horace Smith Jr., and the real estate transaction closed on Nov. 12.
The property at 1480 N. Nova Road encompasses 34,000 square feet of space on a 41,800-square-foot lot, according to a listing on Loopnet.com. It has 294 units, which includes 178 drive-up units and116 indoor, climate-controlled units.
The Disbrows own and manage self-storage facilities around the country and were looking for one close to their home in Palm Coast, Fla., according to Chris Butera, a commercial real estate agent with NAI Realvest, which represented the couple in the transaction. NAI Realvest is the Orlando, Fla.-area representative of NAI Global, an international organization of real estate professionals.
The couple previously worked for a national self-storage company that managed more than 50 properties in 10 states, according to their company website. Steve Disbrow is a board member of the Florida Self Storage Association. Maximize Self Storage Management provides self-storage consulting, management, staff training and more.