Eagle Commercial Realty Services, AMO is pleased to announce the sale of Encanto & 83rd Self Storage in Phoenix, Arizona. The self storage facility sold September 12, 2016 for $2,840,000. The property, located on Encanto Blvd and 83rd Avenue, was sold to an international investment fund. The sale of this property was facilitated by a thorough repositioning strategy outlined by the listing team that relied on their experience, resources and industry contacts. In the end, Buyer and Seller were both very pleased with the results and are looking forward to new projects.
Additionally, Eagle is pleased to announce the sale of Gold Canyon Self Storage Development in Gold Canyon, Arizona. The property sold August 29, 2016 for $1,090,000 to an out of state investor. The property, located on the US 60 and The View Blvd, consists of 3.5 acres. The sale of this property included several unusual hurdles and events that called on the listing team’s depth of experience to overcome.
Jeff Gorden, CCIM of Eagle Commercial Realty Services, AMO® in Phoenix represented the sellers of each property. The higher sale price is credited to the marketing platform and professional service that Argus Brokers provide to sellers of self storage properties. Jeff is the Argus Self Storage Sales Network broker affiliate for the state of Arizona. He can be reached at 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.