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 represented both parties in the transaction. Bill specializes in storage facility sales and this represents his 123rd successful closing.
For more information regarding the above listed transaction, contact Bill Alter at 602-315-0771 or Bill@RGcre.com.
Specializing in commercial real estate for over 20 years, Rein & Grossoehme is consistently recognized as a market leader in Arizona and provides services in retail leasing and sales, office leasing and sales, industrial leasing and sales, land and pads, self storage properties, multi-family properties, single tenant triple net leased properties, and tenant representation.