PRESS RELEASE: York, PA – May 5, 2016 – Wallkill Valley Self Storage in Hamburg, NJ
Locally owned and operated Investment Real Estate, LLC announces the sale of Wallkill Valley Self Storage for $2,000,000 to a private investment group. Wallkill Valley Self Storage is located on Route 23 between the towns of Hamburg and Sussex in Sussex County, New Jersey.
Wallkill Valley Self Storage consists of 13 single story metal buildings with over 400 storage units and outdoor parking spaces. The facility is located on over 16 acres of Commercial zoned land with excellent visibility from Route 23, a major north-south arterial serving greater Hamburg.
The property has on on-site rental office. Site improvements include standing seam metal roofs, asphalt and gravel driveways, fenced perimeter, exterior lighting and keypad operated gate.
John Gilliland, President and CEO for Investment Real Estate, states, “We were happy to facilitate the sale for the owner of this property who built it nearly 30 years ago. We get great joy out of seeing someone reap the fruits of their labor. The Seller was happy to get some credit for upside potential and the Buyer was happy to acquire a mature property with upside in today’s hot real estate market. It was a win-win for all parties.”
For more information, contact Jess Dubbs, Director of Marketing.