Eagle Commercial Realty Services, AMO is pleased to announce the sale of AA Val U Stor in Yuma, Arizona. The self storage facility sold February 3rd, 2017 for $6,350,000. The property is located near Interstate 8 and the main gate to Marine Corps Air Station Yuma. The facility consists of 24 buildings providing over 144,000 square feet of rentable space for personal and small business storage needs. Eagle Commercial led an international marketing campaign sourcing numerous potential buyers and multiple offers. The property sold to a regional investment group in an exchange transaction. The sale of this property required the depth of experience, resources and industry contacts of our team and all parties involved. Buyer and Seller were both very pleased with the results and are looking forward to new projects.
“This sale is evidence of the growing capitalization of regional operators in the self storage investment marketplace,” said Jeff Gorden, Vice President of Eagle Commercial Realty Services, “Even in a smaller market like this one, we delivered multiple qualified offers to the Seller and fielded hundreds of inquiries.” “We had spent years with this Seller, helping to guide his reposition of the property after a destructive road closure. It was a tremendous accomplishment on his part and we were honored to have a supporting role.”
Jeff Gorden, CCIM is the Argus Broker Affiliate for the state of Arizona. 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 Argus-SelfStorage.com.