Argus Broker Affiliates Announce Sale of Two Minnesota Self Storage Facilities

Apr 7, 2024 | Business

 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 Advisors and specialize in Self Storage investment properties.

Based in Denver, Colorado, Argus Self Storage Advisors (Argus) 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 Argus network 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.

Argus Self Storage Advisors
Amy Hitchingham
800-557-8673
www.argus-selfstorage.com

ContactContact

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  • Commercial Real Estate

Argus Broker Affiliate Sells Missouri Self Storage Facility

Mar 29, 2024 | Business

 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 cap rate.

Larry Goldman, CCIM, represented the Seller in the transaction and has been the Argus broker affiliate representing Kansas, Missouri, Arkansas and Southern Illinois for over 25 years. He can be reached at 913-707-9030.

Based in Denver, Colorado, Argus Self Storage Advisors (Argus) 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 Argus network 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.

Argus Self Storage Advisors
Amy Hitchingham
800-557-8673
www.argus-selfstorage.com

ContactContact

Categories

  • Commercial Real Estate

Argus Broker Affiliate Sells Oklahoma Self Storage Facility

Jan 13, 2024 | Business

 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 cost and had significant interest, with ten offers during the first week of coming to market. The market theme of pricing discovery was evident while navigating through the multiple bid sheets.

Jared Jones, CCIM is the Argus broker affiliate representing Oklahoma. He can be reached at 918-948-3941.

Based in Denver, Colorado, Argus Self Storage Advisors (Argus) 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 Argus network 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.

Argus Self Storage Advisors
Amy Hitchingham
800-557-8673
www.argus-selfstorage.com

ContactContact

Categories

  • Commercial Real Estate

Argus Broker Affiliate Announces Sale of Georgia Self Storage Facility

Jan 12, 2024 | Business

 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. The 2023 market theme of pricing discovery was overwhelmingly apparent while navigating through the multiple bid sheets.

Jared Jones, CCIM is the Argus broker affiliate representing Oklahoma. He can be reached at 918-948-3941.

Based in Denver, Colorado, Argus Self Storage Advisors (Argus) 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 Argus network 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.

Argus Self Storage Advisors
Amy Hitchingham
800-557-8673
www.argus-selfstorage.com

ContactContact

Categories

  • Commercial Real Estate

Argus Broker Affiliates Announce Sale of Self Storage Facility

Dec 17, 2023 | Business

 Tom Flannigan, Alex Ihrke, Nathan Gottlieb, and Matt Haugen are pleased to announce the sale of Oronoco Self Storage. The facility is located off Highway 52 in Oronoco, MN and serves the growing Rochester MSA. Oronoco Self Storage provides 38,074 rentable square feet of drive up self-storage with room to build three additional buildings. It is equipped with 24-hour cameras, a fence, and gate system.

Oronoco Self Storage sold to a local operator with a growing presence in Minnesota. Flannigan and his team listed the property on behalf of the Seller and procured the Buyer.

Tom, Alex, Nathan, and Matt are the Iowa, Minnesota and North and South Dakota Broker Affiliates for the Argus Self Storage Advisors and specialize in Self Storage investment properties.

Based in Denver, Colorado, Argus Self Storage Advisors (Argus) 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 Argus network 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.

Argus Self Storage Advisors
Amy Hitchingham
800-557-8673
www.argus-selfstorage.com

ContactContact

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