Beacon, IA – A growing Iowa-based storage operator has acquired Osky Quality Storage, an 88-unit, 18,200 square foot drive-up self storage facility in Beacon, Iowa, just outside Oskaloosa, built with high-quality steel construction.
The buyer, a regional operator that has been steadily expanding its self storage footprint across Iowa, was drawn to the facility’s durable construction and strong in-place occupancy.
The transaction was brokered by Nathan Gottlieb, Tom Flannigan, and Alex Ihrke of Area Storage Advisors, affiliates of Argus Self Storage Advisors, who represented the seller in the sale and procured the buyer.
“Oskaloosa has a stable, diversified economy that continues to support consistent storage demand, and this facility’s occupancy with no advertising really speaks to that underlying need,” said Gottlieb, who represented the Seller. “We’re glad to see it land with an operator who’s already building a track record across Iowa.”
Based in Denver, Colorado, Argus Self Storage Advisors (Argus) 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 Argus network 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.
