IRE Announces Sale of Tidy-Up Self Storage in Pennsylvania
|Investment Real Estate, LLC announces the sale of Tidy-Up Self Storage to a private investor. The property is located on West Maple Street in the town of East Prospect, which is in York County.
Tidy-Up is comprised of one multi-purpose building containing self storage, retail space and two vacant apartments. The large basement is home to one tenant, but can easily be converted into additional storage. There is also additional land for future expansion.
George Hatchard, Brokerage Advisor for Investment Real Estate, says, “Typically, we market larger stand-alone self storage facilities. Tidy-Up is a small self storage facility with non-storage revenue sources on the property. When Brian bought the property, he planned to convert the entire building into self storage, but never had the time to make that happen. The buyer will now have that opportunity. I enjoyed getting to know both Brian and his wife Nathalie. We are so happy to sell their investment property at the asking price.”
Tidy-Up Self Storage is situated near the York-Lancaster County line and the Susquehanna River. The storage portion of the facility was 100% occupied at the time of the sale.
Brian Gilbert, the seller, states, “We were very pleased with the professionalism of IRE and George Hatchard. We signed with IRE in November to sell our small family-owned storage business, and closed with the buyer in March!”
|ABOUT INVESTMENT REAL ESTATE, LLC
Since our inception in 1998, we have specialized solely in the self storage industry. In fact, we are one of the very few companies in the United States who can offer you a plethora of brokerage and feasibility services, as well as decades of experience in self storage construction, development and property management. Our brokerage team handles transactions for buyers and sellers encompassing single properties to multi-million dollar portfolios. Our company remains locally owned and operated and is guided by the core values of doing the right thing for our clients; being enthusiastic, energetic, tenacious and competitive; driving the miles, working hard and smart; having fun; and being caring, compassionate and authentic. For more information, please visit https://irellc.com/.
Jess Dubbs, Director of Marketing