Bancap Self Storage Group Announces Sale of Ontario Airport Self Storage

Bancap Self Storage Group, Inc., the "#1 Self Storage Broker in California," recently announced the successful sale of Ontario Airport Self Storage located at 1253 E. Holt Blvd., in the city of Ontario, California. The project sold for $3,650,000

Ontario, CA (PRWEB) September 20, 2008 -- Bancap Self Storage Group, Inc., the "#1 Self Storage Broker in California," recently announced the successful sale of Ontario Airport Self Storage located at 1253 E. Holt Blvd., in the city of Ontario, California. The project sold for $3,650,000.

Dean Keller, of Bancap Self Storage Group, represented the private party seller in the transaction. The purchaser, another local self storage operator, represented itself. The terms of the transaction included the assumption of an existing conduit loan.

The two-story property features approximately 340 self storage units with nearly 41,000 rentable square feet situated on 1.2 acres. The facility was approximately 75% occupied at the time of the transaction closing.

Bancap Self Storage Group is the "#1 Self Storage Broker in California" with over $800 million in completed self storage sales, including a recent record setting single property sale at over $31 million. Dean Keller can be reached at (949) 888-5355. His email address is DKeller@BancapSelfStorage.com.

For more information contact Bancap Self Storage Group at (949) 888-5355 or visit the company web site at www.bancapselfstorage.com

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