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GC Storage announces the purchase of Cameron Park, CA, self-storage facility
The self storage facility has been sold for $2.1M from CPRS Inc

September 5, 2016: Rescue, California based GC Storage LLC has purchased a self-storage facility in Cameron Park, California. Cameron Park Rent-A-Storage at 3381 Mira Loma Drive is adjacent to Cameron Airpark, a public-use airport.

The self storage facility has more than 18,000 net rentable square feet of storage space in 176 units. Situated on 1.3 acres, it includes eight single-story buildings, asphalt drive aisles and a manager’s office.

According to a press release from The Loeffler Self-Storage Group (LSSG), the commercial real estate firm that brokered the transaction, GC Storage intends to add capital improvements to the site and hold it as an investment.

The buyer and the seller were represented in the deal by storage specialists Bobby Loeffler and Tyler Skelly.

The Loeffler Self-Storage Group specializes in self-storage real estate in California and Nevada, having closed over 80 transactions in those states.

Source: www.insideselfstorage.com