Connie Neville of Sperry Van Ness closed a sale on Adams Park Storage, a 14,300-net-rentable-square-foot self storage facility in Sanford, ME for $600,000. The property benefits from consistently high occupany rates on its 121 units.
The buyer owns four other properties in Maine and has the potential opportunity to expand as the abutting parcel is for sale. Additionally, installation of a managment kiosk is a possibility.
The seller maintained the facillity very well and the pride of ownership was evident.