Development Land SOLD – Marana, Arizona
Jeff Gorden of Eagle Commercial Realty Services has arranged the sale of development acreage in Marana, Arizona. The land sold January 08, 2020. The property spans over four and three quarter acres and will be used for expansion of the adjacent RV Storage facility. Eagle Commercial represented the Buyer.
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 of this type, including the adjacent RV Storage. At closing, Buyer and Seller were both very pleased with the results and are looking forward to new projects.”
Jeff Gorden, of Eagle Commercial Realty Services, AMO® in Phoenix, is the Arizona and Nevada Broker Affiliates of the Argus Self Storage Advisors (www.argus-selfstorage.com) and specializes 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 protected] or call 480-331-8880.