Bancap Self Storage Group, Inc. announced it had been selected as the listing broker for the sale of Baffin Bay Self Storage located at 25650 Baffin Bay Drive at Bake Parkway in the city of Lake Forest, Orange County, California. The property is listed at $31,000,000.
The property features over 800 storage units representing more than 100,000 total rentable square feet, plus over 400 RV spaces on over 10 acres of land. The Class A concrete block and steel project was opened in August 2003 and filled up quickly.
Dean L. Keller, President of Bancap Self Storage Group, said “This is a rare investment opportunity in one of the premiere growth areas of Orange County. Currently, Baffin Bay Self Storage is a highly successful property, and with the new residential development coming in Lake Forest and surrounding the new Great Park, its future success looks even better. Properties like this rarely come on the market. Bancap Self Storage Group is honored to represent the owners in this transaction.”
Bancap Self Storage Group, Inc. is the “#1 Self Storage Broker in California” with over 20 years experience in brokering self storage investment properties. The firm has completed over $750 million in self storage sales transactions. For more information contact Bancap Self Storage Group at (949) 888-5355 or see the company’s web site at www.bancapselfstorage.com.
