Tag: Argus

 Jeff Gorden of Keller Williams Commercial has arranged the sale of Sedona Self Storage in Sedona, AZ. The self-storage facility sold May 7, 2024 for $1,150,000. The property spans 9,062 in existing RSF and provides 93 existing spaces of self-storage. Jeff Gorden represented the Seller of the storage. Jeff Gorden shared the following about the sale, “The sale of Sedona Self Storage is another example of the premium we’ve been able to achieve for sellers. Our team has arranged the sale of multiple properties such as this one. At closing, Buyer and Seller were both very pleased with the results ... Read more

 Matt Haugen, Alex Ihrke, Nathan Gottlieb, and Tom Flannigan of Argus Self Storage Advisors are pleased to announce the sale of New Ulm Storage with two locations in New Ulm, Minnesota. The two facilities consist of 14,256 rentable square feet and 82 units of drive up self storage. Haugen and his team represented the Seller and worked directly with the Buyer to complete the transaction. The Buyer is a local group looking to expand their storage portfolio in MN. Matt, Alex, Nathan and Tom are the Minnesota, Iowa and North and South Dakota Broker Affiliates for the Argus Self Storage ... Read more

 Larry Goldman, CCIM is pleased to announce the sale of Liberty Bend Self Storage located in Liberty, Missouri. The facility is an established 482 Unit, 60,050 SF facility, in northeast corner of the Kansas City Metro. Russell Family Real Estate, LLC sold Liberty Bend Self Storage to a local investment group that acquired the facility as the final leg in a 1031 Tax Deferred Exchange. Liberty Bend is a value-add opportunity and the Buyer is planning to streamline management with updated systems and marketing channels. Economic occupancy was approximately 70% at closing and the property sold for an approximate 6 ... Read more

 Jared Jones, CCIM is pleased to announce the sale of Dempewolf Mini Storage located in Ponca City, OK. Dempewolf Mini Storage is a 36,355 rentable square foot, storage facility with additional acreage for expansion. It was sold by the original developer to a regional, private Buyer. The property has significant upside available through increased focus on revenue management strategies and future expansion. The Buyer was seeking a value-add opportunity in a market where they had an existing presence and ability to leverage their management platform to increase their scale within the local market. The deal was acquired well below replacement ... Read more

 Jared Jones, CCIM is pleased to announce the sale of Storage Near Me located in Kathleen, GA. Storage Near Me is a 102,625 rentable square foot, institutional quality storage facility. It was sold by the original developer to AMERCO U-HAUL. The property has significant upside available through increased focus on revenue management strategies and leasing up the recent expansion. The Buyer was seeking to add scale in a market where they had an existing presence. The deal was acquired at an attractive price relative to replacement cost and had significant interest, with eight offers during the call for offers process. ... Read more