Eagle Commercial Realty Services, AMO is pleased to announce the sale of A-Secured Self & Vehicle Storage in Mesa, Arizona. The self-storage facility sold July 22, 2015 for $5,400,000 to a local buyer who bested dozens of offers. The property, located at 550 N Power Road, consists of a total of 356 drive up storage units, 216 uncovered boat and RV storage and 139 covered boat and RV storage spaces totaling 139,955 rentable SF on 6.73 acres. The property garnered offers from an international buyer pool but ultimately a local investor won the deal. Buyer and Seller were both very pleased with the results and are looking forward to new projects.
Additionally, Eagle is pleased to announce the sale of A-Secured Vehicle Storage in Gilbert, Arizona which sold July 24, 2015 for $3,400,000 to an international buyer who bested multiple offers. The property, located at 105 E Baseline Road, consists of 556 boat, vehicle, and RV storage spaces. The facility consists of 286 covered parking spaces and 270 uncovered spaces, with a total of 168,330 rentable SF on 11.26 acres. The property garnered attention from our nation-wide buyer pool but ultimately sold to an international buyer. Buyer and Seller were both very pleased with the results and looking forward to new upcoming projects.
Jeff Gorden, CCIM of Eagle Commercial Realty Services, AMO® in Phoenix, an Argus Self Storage Sales Network Affiliate, represented the sellers of the properties. The higher sale price of each deal is credited to the marketing platform and professional service that Argus Brokers provide to sellers of self-storage properties.
Based in Denver, Colorado, the Argus Self Storage Sales Network (ASSSN) was formed in 1994 to assist owners and investors of self-storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the ASSSN has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.