KW Commercial Self Storage Advisors announced the sale of Pioneer Stor & Lok located in Amarillo, TX. This Class B facility is located at 4518 S. Georgia Street and consists of 243 units with 41,050 Net Rentable Square Feet. The property was built in 1972 and had tremendous upside potential given its below market occupancy and great location near the hard corner intersection of 45th and Georgia.
John Owens represented the Seller in the transaction and worked to procure the Buyer, a Utah based real estate investment firm. The property will be re-branded as Amarillo Lock Storage and will undergo significant capital improvements.
For more information, please call John Owens at 806-839-6879 or via email at JOwens@CommercialBrokerageFirm.com. To learn more about KW Commercial Self Storage Advisors visit CommercialBrokerageFirm.com.