PRESS RELEASE: York, PA – February 25, 2015 – Gilbertsville Mini Storage in Philadelphia, PA
Investment Real Estate, LLC announces the sale of Gilbertsville Mini Storage located in Montgomery County, Pennsylvania. Gilbertsville is located approximately 35 miles northwest of Philadelphia, PA.
John Barry of Investment Real Estate represented the seller and the buyer in the sale. The property sold this month for $2 million to a private self storage operator. The single story facility built in 2003, was in excellent condition and was over 90% occupied at the time of sale. Investment Real Estate assisted in the negotiation of a shared access agreement with the adjoining car wash to facilitate the sale. The property consists of 41,400 square feet and holds 252 storage units and 8 outside parking spaces for recreational vehicles. Situated on 4.25 acres, Gilbertsville Mini Storage features electronic gates, security cameras, paved drive aisles and a U-Haul rental agency. The property enjoys great visibility from Route 73 and Bartrum Avenue.
For more information, contact Jess Dubbs, Director of Marketing.