A&C Storage – Lakeside (Show Low), Arizona
We are pleased to announce the sale of A&C Storage in the community of Pinetop-Lakeside, Arizona. The self storage facility sold June 30th, 2017 for $760,000. The property provides over 100 units of drive up self storage for personal and small business storage needs as well as nearly 50 RV storage spaces.
Eagle Commercial led an international marketing campaign sourcing numerous potential buyers and multiple offers. The winning offer was from one of several 1031 exchange buyers who had interest in the property.
Since this was the buyer’s first self storage property, the sale required the depth of experience, resources and industry contacts of our team and all parties involved. In the end, Buyer and Seller were both very pleased with the results and are looking forward to new projects.
Jeff Gorden, Vice President at Eagle Commercial Realty Services in Phoenix, represented the Seller in this transaction.
From Jeff Gorden, “We, and our Argus affiliates, have successfully listed and sold numerous storage facilities in markets of all sizes around the country. Building on a prior year total of $400 Million Dollars in self storage sales in 63 separate markets around the country, we have amassed an enormous database of buyers of self storage properties. This allowed us to quickly identify and market to the most likely group of potential buyers, who we knew through past conversations, were both interested in the market and able to afford an asset of this quality and size. Armed with this information we could pursue likely Buyers and present the opportunity directly, framing the community and the property for the tremendous opportunity it was.”
Our self storage specialty group is sourcing multiple qualified buyers daily and is actively searching for additional Self Storage, Boat and RV Storage purchase opportunities. Please send prospective properties to firstname.lastname@example.org.