The sale of River Crossing Self Storage, was recently recorded in Maricopa County, Arizona. The property was built in 1996 and consisted of 257 drive-up storage units and 89 RV spaces. The location of the property is 12011 W. Van Buren in Avondale, Arizona. The property sold to ES River Crossing Storage, LLC. The seller was River Crossing LLC. The sales price was $1,650,000 which equates to $49.77 per square foot. The property was about 70%% occupied at closing. Bill Alter and Denise Nunez represented both parties in the transaction. The Alter Nunez team specializes in storage facility sales and this represents their 123rd successful closing. About Rein & Grossoehme Founded in 1993 and celebrating our 20th anniversary, Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing. For more information, please visit: https://www.high-yield.com]]>
More Content
Popular Posts
The self storage industry is in a precarious...
There are an estimated 700,000 hotels in the...
Joe Shoen, CEO of U-Haul, has had enough.
In a booming economy, expendable income...
National Storage Affiliates Trust (NSA), the...
Boat and RV storage has morphed and...
The REITs new pricing strategy – lowering...
It’s said that necessity is the mother of...
Self-storage is not an industry that is...
The question of “abandonment” of stored...
Mother Nature can be a cruel mistress....
It’s odd that I ever get the “last word,”...
As children, most of us played “follow the...
Over the last five years, as the use of...
XYZ Storage wants to make life for its...
Recent Posts
Donald Trump has just reclaimed the White...
Within the sprawling urban desert of...
Smart units, call centers, and access...
When questioned about the things that...
It’s hard for me to come to terms with the...
When David Allan, president of Apple Storage...
Throughout history, there have always been...
In 2024, it’s become commonplace to accept...