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Loeffler Self-Storage Group, Inc. Sells CA Self Storage Facility

Posted: 12/18/2017
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On 12/15/17, the Loeffler Self-Storage Group, Inc. recently sold Airbase Self-Storage II located in North Highlands, California for $1,400,000. Bobby Loeffler & Tyler Skelly listed the 263-unit property for JAX properties, Incorporated. The buyer was Will Olsem of Sacramento, California – also represented by Loeffler & Skelly. Airbase Self-Storage II is a 25,919-net-rentable-square-foot facility on 6.26 acres located along Q Street. A large open parking area in the back of the property has sufficient room to add another 100-150 spaces. The property is comprised of nine single-story buildings with asphalt, concrete and gravel drive isles. There are two residences and a manager’s office. The buyer plans to hold the property for investment while stabilizing rents over time.

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