Overland Park, KS, March 28, 2024–(PR.com)– Larry Goldman, CCIM is pleased to reveal the sale of Liberty Bend Self Storage situated in Liberty, Missouri. The center is a recognized 482 Unit, 60,050 SF center, in northeast corner of the Kansas City Metro. Russell Family Real Estate, LLC offered Liberty Bend Self Storage to a regional financial investment group that obtained the center as the last leg in a 1031 Tax Deferred Exchange.
Liberty Bend is a value-add chance and the Buyer is preparing to improve management with upgraded systems and marketing channels. Economic tenancy was roughly 70% at closing and the home cost an approximate 6 cap rate.
Larry Goldman, CCIM, represented the Seller in the deal and has actually been the Argus broker affiliate representing Kansas, Missouri, Arkansas and Southern Illinois for over 25 years. He can be reached at 913-707-9030.
Based in Denver, Colorado, Argus Self Storage Advisors (Argus) was formed in 1994 to help owners and financiers of self-storage with their realty requirements. Through the years, Argus has actually put together a network of property brokers experienced in self-storage and earnings home financial investments. Now the biggest self-storage brokerage network in the United States, the Argus network has 36 Broker Affiliates covering almost 40 markets. These brokers have the ability to fulfill the requirements of self-storage financiers and owners whether it is functioning as a purchaser’s representative or listing and marketing a residential or commercial property. For additional information call 1-800-55-STORE or check out www.argus-selfstorage.com.
Argus Self Storage Advisors
Amy Hitchingham
800-557-8673
www.argus-selfstorage.com
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Industrial Real Estate
