Fort Worth, TX – Argus Self Storage Advisors broker affiliates, Tyler Trahant and Chad Snyder of Dominus Commercial, are pleased to announce the successful sale of the U-Store-It self storage portfolio located in Texarkana, Texas.
The portfolio consists of two well-positioned, drive-up self storage facilities at 1808 St. Michael Drive and 3107 S. Lake Drive, offering a combined 47,730 rentable square feet and 366 units. Both properties feature on-site management offices, gated access, and high visibility within their respective submarkets. At the time of sale, the facilities were operating with room to grow its physical and economic occupancies presenting the buyer with a compelling opportunity to enhance operations through active management and targeted marketing initiatives.
“The U-Store-It Texarkana portfolio attracted significant interest from both regional and national investors due to its solid fundamentals and upside potential,” said Tyler Trahant of Dominus Commercial. “We’re proud to have facilitated a smooth transaction for both the seller and buyer.”
Chad and Tyler are the North Texas Broker Affiliates for Argus Self Storage Advisors and specialize in Self Storage investment properties. They can be reached at 817-242-2361.
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.
