May 24, 2021 — Newport, Tenn. Coldwell Banker Commercial Wallace announces the sale of a self-storage facility in Newport, Tennessee. Newport Storage of Tennessee sold April 23rd for $1,375,000.

Chris Bruce of Coldwell Banker Commercial Wallace listed the property and delivered to a Virginia based investor at full price. The self-storage facility has 25,050 rentable square feet and 196 units.

Specializing in self-storage and multifamily investment advisory, Chris Bruce is observing abundant out of state capital flowing into East Tennessee. Contact him at 865-309-2100 or online here.