Discount RV & Boat Storage SOLD – El Mirage, Arizona
Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of Discount RV & Boat Storage in El Mirage, Arizona. The self-storage facility sold September 13, 2019 for $4,375,000. The property spans over eighteen and one half acres and provides 605 spaces of RV and Boat storage. Eagle Commercial represented the Seller.
Jeff Gorden shared the following about the sale, “Boat and RV Storage properties have become sought after investments. Recreational vehicles and boats have long been a significant part of American pastime with their numbers increasing steadily in recent years. In sunbelt states and where subdivisions are prevalent, storage options for these “toys” can be limited by HOAs and other restrictions. Investors are finding that these properties have lower management burdens per square foot, lower delinquency and a more stable independent customer base. Over the past several years, 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 and are looking forward to new projects.”
Jeff Gorden and Kyle Topper, of Eagle Commercial Realty Services, AMO® in Phoenix, are the Arizona and Nevada Broker Affiliates of the Argus Self Storage Sales Network (www.argus-selfstorage.com) and specialize in self-storage and RV storage investment properties. Gorden’s team is actively searching for additional Self Storage and RV Storage purchase opportunities. Please send prospective properties to email@example.com or call 480-331-8880.