Bill Barnhill, CCIM and Stuart P. LaGroue, Sr., of Omega Properties, Inc., recently closed multiple self storage transactions along the Gulf Coast. Snow Road Self Storage was a two-property portfolio located in Mobile, AL. The properties are comprised of 64,187 rentable square feet and a total of 449 units, including climate control, non-climate and outside RV parking spaces. Snow Road Self Storage sold on July 27, 2016 to an out-of-state investor.
Additionally, Bill and Stuart represented the seller of Blue Angel Store N More located in Pensacola, FL. The 30,875 SF facility offers 284 climate controlled units. It sold on August 16, 2016 to and out-of-state investor for $2,550,000.
Bill and Stuart are the Argus Self Storage Sales Network broker affiliates for Alabama, Mississippi and Louisiana and the Florida Panhandle. They can be reached at 251-432-1287. 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.