Storage Station has 4 buildings with 224 storage units, totaling 24,750 sq ft. The facility has an onsite rental office which is open Monday through Friday. The property boasts excellent visibility from Dolsontown Road and offers easy access to tenants from Interstate 84 and Route 17A. The facility opened in 1986 and had over 90% occupancy at the time of sale. The facility is situated on more than 3.3 acres of commercially zoned land with room to expand an additional 9,000 sq ft. Storage Station features a fenced exterior, keypad operated electronic gate, asphalt driveways, metal roll-up doors and screw down metal roofs.
The President of Investment Real Estate, John H. Gilliland, made this comment about the sale of Storage Station Middletown, “Storage Station Middletown is part of a larger portfolio of properties that are all under agreement through IRE at this time. The seller had a great run in the storage industry and we were happy to connect him with a buyer who’s actively growing a portfolio of properties in the Northeast. The sale was a win-win for both parties.” Investment Real Estate received multiple offers on the property for the seller to consider prior to awarding the contract to the ultimate buyer. The property was sold very close to the asking price and the buyer was able to come to the closing table very quickly and with few contingencies.
ABOUT INVESTMENT REAL ESTATE, LLC
Since our inception in 1998, Investment Real Estate, LLC has specialized solely in the self storage industry, including Brokerage, Construction, Management and Development. We travel thousands of miles each year, meeting and getting to know clients in the markets we serve, networking at various industry associations and functions, while developing our reputation as the go-to source for information in the self storage industry. We are the #1 Broker of Self Storage in the Mid-Atlantic and Northeast States. For more information, please visit www.irellc.com. CONTACT To learn more, please contact: Jess Dubbs Director of Marketing 10 Bentzel Mill Road York, PA 17404 P: 717-779-0804 F: 717-779-0815 E: jdubbs@irellc.com