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NAI Horizon negotiates $3.2M investment sale of Tucson self-storage facility, representing buyer

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  • NAI Horizon negotiates $3.2M investment sale of Tucson self-storage facility, representing buyer
4th Quarter Sales,News
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November 24, 2020
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Real Estate Daily News Service
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TUCSON, ARIZ. – NAI Horizon Senior Vice President Denise Nunez and Associate Victoria Filice represented the buyer in the $3.2 million investment sale of America’s Best Storage in Tucson, Arizona.

NAI Horizon represented the buyer, 535 Wilmot Investors LP of Phoenix. The seller was America’s Best Self Storage LLC of Tucson, AZ. The asset is located at 7475 E. Old Vail Road in Tucson.

“The buyer approached me with a 1031 Exchange that they wanted to trade into self-storage. The Nunez Self Storage Group was able to identify three self-storage properties that met their criteria,” Nunez said. “This one was an off-market deal and the second closing of a three-property purchase – all non-related sellers.”

America’s Best Storage totals 70,240 NRSF and 230 units. It features a mix of standard, drive-up units and covered and uncovered RV parking. It features small, medium and large self-storage units ranging from 25 SF to 720 SF. It is located off East Valencia and East Old Vail roads.

Nunez specializes in self-storage, offering localized expertise in Arizona and national representation working with NAI offices throughout the U.S.

To learn more, see RED Comp #8258.

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