Elgin, IL – Bruce Bahrmasel, an affiliate of the Argus Self Storage Sales Network is pleased to announce the sale of ACL Self Storage in Elgin, IL. The property sold on July 22, 2019 and sits on 2.84 acres, offering 37,180 rentable square feet of self-storage. Both the buyer and seller were motivated parties in the transaction, the seller was looking to retire or at least be less hands on as an owner/operator, and the buyer was eager to expand their footprint in the Midwest. The buyers are looking to modify operations by adding a kiosk and utilizing a central call center. The new owner’s goal with these operational changes is to increase revenues while decreasing expenses.
Bruce Bahrmasel is the Argus Self Storage Sales Network broker affiliate representing the states of Northern Illinois, Northern Indiana and Wisconsin. He can be reached at 312-518-3550. 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.