Gorden Group

Become an Informed Investor Today!

Self Storage Valuation – Time to Look in the Mirror

As indicated by the stock performance of the 5 self-storage REITs in 2017, the self-storage investment market is experiencing some headwinds.  As we continue to see self-storage Net Operating Incomes flatten and deceleration of rental revenue, we are also experiencing areas of expense pressure including spending on advertising/marketing, payroll and real estate taxes.  However, as […]

3D Storage – Vernon (Show Low), Arizona

We’re pleased to announce the sale of 3D Storage in Vernon, Arizona. The self storage facility sold July 27th, 2017 for $770,000. The property provides over 100 units of drive up self storage for personal and small business storage needs as well as nearly 30 acres of land including almost 1,000 feet of highway frontage. […]

Staying Competitive in Today’s Market

Today the investment market for self-storage assets can best be described as having flat or softening values, but the demand remains strong. It is still a seller’s market, for now! Over the last 3 years, selling prices of self-storage properties have risen dramatically.  A typical owner has seen their value (without any increase in rents or occupancy) […]

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 […]

Mariposa Self Storage – Nogales, Arizona

We are pleased to announce the sale of a Mariposa Self Storage in Nogales, Arizona. The self storage facility sold June 20, 2017 for $3,300,000. The property provides over 500 units of drive up self storage for personal and small business storage needs as well as 400 rentable mailbox units. Eagle Commercial led an international […]

Market Trends to Watch For

Over the last 10 years, the self-storage industry evolved from a mom and pop investment class to a mainstream institutional asset class. The industry weathered the great recession and is now reaping the benefits of strong market fundamentals. Heading into 2018, I want to highlight some industry trends that will continue throughout the year and […]

The Market Tipping Point

With many major markets showing signs of slowing property values due to new supply hitting the market, we’re seeing rising real estate taxes and flat to rising capitalization rates. These market tipping points have left a gap between the buyers’ and sellers’ expectations in the marketplace today… Read More View details on New Argus Listings […]

Self Storage Valuation

Here at Argus, we believe that there is a connection between understanding the current market and nuances of what does and does not create value and running a successful business. For example, owners need to know if it is better to spend $10,000 on landscaping or $15,000 on remodeling a building to create more 10 […]