Kwik’N Self Storage near Tyrone, Pa., was sold to a local self-storage investor for $315,000. The facility, which is currently 94 percent occupied, covers 6,600 square feet and has 54 drive-up exterior units. The sale also included land and the approval to build an additional 19,800 square feet of self-storage. It is not clear if the facility will be rebranded. The property is on Old Route 220, southeast of Tyrone and approximately 20 miles southwest of State College, which is home to Penn State University. John H. Gilliland, president of Investment Real Estate LLC (IRE), represented both the seller and the buyer in the transaction. IRE provides self-storage brokerage, construction, feasibility and consulting services in the Northeastern and Mid-Atlantic states.]]>
Kwik'N Self Storage of Pennsylvania Sells for $315K
More Content
Popular Posts
Joe Shoen is taking a stand. In our...
The self storage industry is in a precarious...
Joe Shoen has had enough.
Self-storage software is no longer...
In a record-breaking deal finalized May 12,...
Joe Shoen, CEO of U-Haul, has had enough.
Brace for impact: starting today, the tax on...
Self-storage operators wear a lot of hats....
Donald Trump has just reclaimed the White...
It’s said that necessity is the mother of...
Recent Posts
Let’s start at the very beginning; a very...
Brazil is known for its vibrant culture,...
The 1989 film “Field of Dreams” was famous...
As developers search for the ideal storage...
The thought of an ADA-related lawsuit can...
There is a noticeable shift in the...
