Folsom Self Storage in Folsom CA Sold for $12,820,000 to a private investment group based in Rancho Cordova CA. Performance Self Storage Group (PSSG) is happy to announce it has recently sold Folsom Self Storage in Folsom CA. Folsom Self Storage is located on Nesmith Court directly across from Folsom Lake Community College and consists of 117,300 net rentable square feet, with 689 self storage units and 251 RV spaces. The facility is single story and at the time of sale was 95% physically rented. Carl Touhey and Jason “Jay” Allen co-own Performance Self Storage Group, represented both the buyer and seller. “This transaction was a perfect example of what self storage investors are looking for these days and with the lack of storage properties available for sale in CA, the demand for this asset among the storage investment community was very strong. Within 2 weeks we had generated over 14 strong offers from very creditable buyers and the property sold for asking price. Today’s self storage investors are lining up to buy assets similar to this in strong core markets throughout the Country,” Allen said. About Performance Self Storage Group Performance Self Storage Group specializes in self storage brokerage, marketing and consulting, with offices in CA and FL. www.PerformanceSelfStorageGroup.com]]>