Argus Broker Affiliate Sells Missouri Self Storage Facility
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 ...