Bobby Loeffler & Tyler Skelly, self-storage specialists with The Loeffler Self-Storage Group, represented the Seller, ABC Mini Storage of Mountain View, in the sale of the Secured Self Storage property located in Arnold, CA. The property contains 61,919 net rentable square-feet of storage space and is situated on just over 4.43 acres of land. The property sold for $2,541,040 to Olive Properties, L.P. in Burbank, CA. The property includes 301 units and was built in two phases (1988 & 2008). The buyer plans to hold the property for investment and intends on optimizing operations. For further information, contact Bobby Loeffler at 916-467-7330.
The Loeffler Self-Storage Group (LS-SG.com) is a commercial real estate brokerage firm whose sole objective is the exclusive representation of sellers and buyers of storage properties throughout the West. They are dedicated to maintaining a high degree of professionalism, and furthermore strive to uphold a reputation as industry experts with respect to valuation, transactional experience, and industry knowledge. To date LS-SG has closed over eighty self-storage transactions in California and Nevada.