Kern County, CA (PRWEB) October 1, 2008
In spite of the difficult times in the real estate industry, Bancap Self Storage Group, Inc., the "#1 Self Storage Broker in California," recently announced the successful sale of Hyer Quality Storage located at 6047 Lake Isabella Blvd., in the city of Lake Isabella, California. The project sold for $2,250,000.
Jason Allen, Self Storage Sales Specialist from the Northern California office of Bancap Self Storage Group, represented both the seller and buyer in the transaction. It is the second self storage sale he has completed in the past month alone. Dean Keller, President of Bancap Self Storage Group, said "Jason has done an amazing job selling unique storage properties in smaller markets. There is not anyone better at these kinds of deals."
The single story property features approximately 232 self storage units with nearly 37,000 rentable square feet plus 25 RV spaces. In addition, there is an auto shop and auto dealership under newly executed leases. The facility was approximately 80% occupied at the time of the transaction closing.
Bancap Self Storage Group is the "#1 Self Storage Broker in California" with over $850 million in completed self storage sales, including a recent record setting single property sale at over $31 million. Jason Allen can be reached at (650) 508-1585. His email address is JAllen@BancapSelfStorage.com.
For more information contact Dean Keller, President of Bancap Self Storage Group, Inc. at (949) 888-5355 or visit the company web site at http://www.bancapselfstorage.com
Contact: Dean Keller
Bancap Self Storage Group, Inc.
Phone (949) 888-5355
Fax (949) 203-6105
Email: DKeller @ BancapSelfStorage.com
30021 Tomas Street, Suite 245
Rancho Santa Margarita, CA 92688