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Argus Broker Affiliates Sell Louisiana Self Storage Facility

Posted: 9/1/2017
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Argus Self Storage Sales Network Broker Affiliates Bill Barnhill, CCIM, Stuart P. LaGroue, Sr., and Shannon Barnes, CCIM represented the seller of AC Self Storage in Bossier City, Louisiana. This property was in the process of being foreclosed on and the brokers worked closely with the seller and their lender to navigate a very complicated process of getting the property released from the court-ordered foreclosure. The Argus Self Storage Sales Network’s long term working relationship with the loan servicer allowed all parties to work together to complete the transaction. The property sold on August 11, 2017, after more than one year of marking and negotiations, to an out of state investor. The facility consisted of 59,360 rentable square feet including 402 self storage units and 8 parking spaces. The property sold for $2,337,500.

Bill Barnhill, CCIM, Stuart P. LaGroue, Sr., and Shannon Barnes, CCIM, of Omega Properties, Inc., are the Argus Broker Affiliates for the Gulf Coast region. 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 36 Broker Affiliates covering nearly 40 markets. 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.

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