Virginia Self Storage Facility Sells with 95% Occupancy
Investment Real Estate, LLC announces the sale of Mountain Valley Self Storage located in Waynesboro, VA to a private buyer. The property offers significant management upside and expansion opportunities, coming in at 18,000 Square Feet and 95% occupancy.
Matt Rosendale, Brokerage Advisor for Investment Real Estate, says, “”The seller was a pleasure to work with and we were proud to assist them in the sale of their property. Pride of ownership was evident throughout the property. The buyer is adding a great asset to their growing self-storage portfolio.””
The property features climate controlled indoor storage units with multiple size options available, on-site security, dusk to dawn lighting, security fencing, and 24-hour gate access. The facilities had an average occupancy of over 95% upon sale!
ABOUT INVESTMENT REAL ESTATE, LLC
Since our inception in 1998, Investment Real Estate, LLC has specialized solely in the self-storage industry, including Brokerage, Construction, Management and Development. We travel thousands of miles each year, meeting and getting to know clients in the markets we serve and networking at various industry associations and functions, while developing our reputation as the go-to source for information in the self-storage industry. We are the #1 Broker of Self Storage in the Mid-Atlantic and Northeast States. Our company remains locally owned and operated and is guided by the core values of doing the right thing; being enthusiastic, engaged and competitive; working hard; working smart; having fun; and being compassionate and authentic. For more information, please visit https://irellc.com/.