Phoenix, AZ– Jeff Gorden, CCIM represented a California investor in the sale of Black Canyon Storage in Black Canyon City, Arizona and Rimrock Super Storage in Rimrock, Arizona to an out of state buyer. The portfolio of properties sold for $4,600,000 and closed on December 30, 2020. “We were excited and grateful to see this sale through. Our team sold the Black Canyon property to this current Seller about 10 years ago and it was a pleasure to work with him again. Similarly, we have worked with this Buyer before. The closing of this portfolio sale was not without challenges and having a team experienced in self storage operations, including the sale and mortgage brokers, was key.” The Buyers acquired two well located secondary market properties with room for substantial revenue growth and the Seller has moved on to other projects. The Buyer’s financing was arranged by Neal Gussis of CCM Commercial Mortgage.
Jeff Gorden, CCIM is the Argus Self Storage Advisors (www.argus-selfstorage.com) broker affiliate covering Arizona and Nevada, he specializes in self-storage and RV storage investment properties.
Gorden’s team is actively searching for additional Self Storage and RV Storage purchase and development opportunities. Please send prospective properties to email@example.com or call 480-331-8880. (www.gorden-group.com)
Based in Denver, Colorado, Argus Self Storage Advisors was formed in 1994 to assist owners and investors of self-storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, Argus has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.