ARGUS BROKER AFFILIATE SELLS TWO ARIZONA SELF STORAGE FACILITIES

Posted by MiniCo on Mar 16, 2015 12:00:00 AM

ARGUS BROKER AFFILIATE SELLS TWO ARIZONA SELF STORAGE FACILITIES

FOR IMMEDIATE RELEASE March 16, 2015   Media Contact: Amy Hitchingham 303-317-4232 amy@argus-realestate.com   ARGUS BROKER AFFILIATE SELLS TWO ARIZONA SELF STORAGE FACILITIES   [caption id="attachment_9149" align="alignright" width="300"]Yuma, AZ Yuma, AZ[/caption] Eagle Commercial Realty Services, AMO is pleased to announce the sale of Fortuna Road Storage in Yuma, Arizona. Fortuna Road Storage represents the first sale of a self-storage facility in Yuma in eight years. The self-storage facility sold February 19, 2015 for $2,500,000 after a 24 day escrow to a local buyer. The property, located at 11707 S Fortuna Road, consists of 452 drive up storage units for 66,168 rentable SF on 3.85 acres. The property garnered attention from a nation-wide buyer pool but ultimately a local buyer won the deal.  Buyer and Seller were both very pleased with the results and looking forward to new projects. [caption id="attachment_9148" align="alignright" width="300"]Surprise, AZ Surprise, AZ[/caption] Additionally, Eagle is pleased to announce the sale of Sure Storage in Surprise, Arizona. The self storage facility sold February 23, 2015 for $3,500,000 after a 25 day escrow to an all cash buyer who bested multiple offers. The property, located at 14924 W Yorkshire Drive, consists of 465 drive up storage units for 69,000 rentable SF and 23 uncovered boat and vehicle parking spaces for an additional 5,200 rentable SF on 5.53 acres. Jeff Gorden, CCIM of Eagle Commercial Realty Services, AMO® in Phoenix, an Argus Self Storage Sales Network Affiliate, represented the sellers of the properties. The higher sale price of each deal is credited to the marketing platform and professional service that Argus Brokers provide to sellers of self-storage properties. Based in Denver, Colorado, the Argus Self Storage Sales Network (ASSSN) 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 ASSSN 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. ###]]>