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Loeffler Negotiates $4.5M Sale of Self Storage Facility in Northern California

Posted: 7/17/2018 Link: REBusinessOnline.com
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Loeffler Self-Storage Group has arranged the sale of All-Preferred Mini-Storage, a self storage facility located in Redding. The Raudman Family sold the property to a local investor for $4.5 million, or $57.62 per square foot.

Situated on 3.9 acres, the 78,095 square-foot facility features 530 storage units and a cellular antenna. The property comprises 13 single-story buildings with asphalt drive aisles, plus a manager’s office and residence.

Bobby Loeffler and Tyler Skelly of Loeffler Self-Storage Group represented the seller and buyer in the transaction.

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