Tucson Real Estate: Denver Investors Buy Self Storage Complex

Posted: 8/21/2018 Link:
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Denver-based Baron Properties bought Continental Ranch Self Storage, 5650 W. Coca Cola Place, for $7.5 million.

Investor interest in self storage facilities has been strong in the past year, fueled by local job announcements and a limited supply of self storage units.

“With very few self storage acquisition opportunities in Arizona, this asset drew national attention from numerous buyers,” said Denise Nunez, with NAI Horizon who represented the seller, LPG Associates of Rohnert Park, Calif.

Continental Ranch has 736 units, near Interstate 10 and Cortaro Farms Road.

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