Steve and Chris Jensen of Escondido, CA purchased Performance Plaza Self Storage was recently in Mohave County, AZ. Located at 5630 S. Highway 95 in Fort Mohave, AZ,
The property consists of 28,175-square-feet of storage (321 units), 6 outside parking spaces, 8 retail suites and 2 residential apartments.
The sales price was $1,040,000 which equates to $27.57 per square foot, or $3,240 per unit. The property was about 50% occupied at closing.
Bill Alter and Denise Nunez of Rein & Grossoehme Commercial Real Estate negotiated the sale for seller, a family trust and buyers. Alter and Nunez specialize in self storage properties and this transaction represented their 122nd such closing.
Founded in 1993 and celebrating our 20th anniversary, Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing, with offices in Phoenix and Tucson.
To reach Alter and Nunez, call (480) 214-9400.