SkyView Advisors (SVA) is pleased to announce the sale of AA Self Storage in Cold Spring, Kentucky. AA Self Storage facility has 66,150 net rentable square feet with climate and non-climate storage units.
"The AA Self Storage property is a well located, attractive self storage asset which generated interest from numerous regional and national buyers, seeking to expand in the Cincinnati MSA. Both the buyer's and sellers' goals were achieved through the transaction. The buyer expanded its presence in the Cincinnati market, while our process enabled the sellers to receive multiple offers exceeding price per square foot sales comparisons in the market", says Ryan Clark, Senior Vice President at SkyView Advisors.
The subject property, located at 6307 Licking Pike in Cold Spring, KY, is situated on approximately 14.25 acres of land. Built in 2001 with expansion added throughout 2006, this facility has 132 climate controlled storage units and 357 non-climate controlled storage units. There is room for future expansion potential on the property.
About SkyView Advisors
SkyView Advisors is an investment sales, financing and advisory firm focused exclusively on the self storage market. SkyView represents self storage owners who are considering a sale of their property/portfolio or evaluating their financing. SkyView brings a unique perspective to the self storage industry, and has established itself as an innovative thought leader in the industry, consistently raising the bar.
The SkyView team has extensive self storage expertise and deep industry relationships coupled with an impressive track record, having completed more than $1.2 Billion of transactions throughout their careers.