Phoenix, AZ –Eagle Commercial Realty Services, AMO is pleased to announce the sale of Bisbee Storage in Bisbee, Arizona. The self-storage facility sold October 18, 2017 for $248,000. The property spans just over an acre and provides 90 units of self and RV & boat storage. Eagle Commercial led an international marketing campaign sourcing numerous potential buyers and multiple offers. Ultimately, a Minnesota based buyer presented the winning offer.
The sale of this property involved highlighting positive outlooks of the surrounding area and increasing occupancy trends at the property. Per usual, our depth of experience in self-storage properties, deal structure, resources and the industry contacts of our team benefited all parties involved. In the end, Buyer and Seller were both very pleased with the results and are looking forward to new projects.
“This sale represents our 11th self-storage property sold in 2017 and the second time we have successfully found a buyer for this particular asset,” said Jeff Gorden. “Our client executed well on a capital improvement and repositioning strategy with this property. We’re glad to be part of his success.”
Jeff Gorden, Vice President & Kyle Topper, Associate of Eagle Commercial Realty Services, AMO® in Phoenix, an Argus Self Storage Sales Network Affiliate, specialize in self storage and RV properties and represented the Seller in this transaction.
Our self storage specialty group is actively searching for additional Self Storage and RV Storage purchase opportunities. Please send prospective properties to info@gorden-group.com or call 480-331-8880.
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 38 Broker Affiliates covering nearly 40 markets and a total self storage transaction history of over $2 Billion. 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.
