The Gorden Group Announces Sale of Winnemucca Storage in Winnemucca, Nevada

By: Gorden Group
 
LAS VEGAS - July 6, 2021 - PRLog -- Jeff Gorden of The Gorden Group has arranged the sale of Winnemucca Storage in Winnemucca, Nevada. The self-storage facility sold June 30, 2021 for $1,705,000. The property spans just under three acres and provides 412 spaces of self-storage. Jeff Gorden represented the Seller.

Jeff Gorden shared the following about the sale, "Frankly, the sale of Winnemucca Storage was one of the more challenging assignments for us in the last decade. Though the value was always there, initially the property income didn't directly support the asking price. However, following some operational suggestions, the seller was able to increase gross revenue significantly over the next several months. This improvement in property performance led to dozens of offers, as the market began chasing the asset upwards, ultimately selling above the asking price. This Seller is one of many who have worked with our experienced team to maximize the value of their property prior to sale. And we're thankful to have the experience necessary to assist a seller in receiving full value for their life's work. The Buyer also showed great patience and determination as we cleared a few final items prior to closing. As usual, Buyer and Seller were both very pleased with the results and are looking forward to new projects."

Jeff Gorden is the Arizona and Nevada Broker Affiliate for the Argus Self Storage Advisors (www.argus-selfstorage.com) and specializes in self-storage and RV storage investment properties.

Gorden's team is actively searching for additional Self Storage and RV Storage purchase and development opportunities. Please send prospective properties to info@gorden-group.com or call 480-331-8880. (www.gorden-group.com) (http://www.gorden-group.com)

Jeff Gorden

The Gorden Group

Arizona | Nevada

480-331-8880 | 702-643-1000

Visit us online @ gordenstoragegroup.com

an Argus Self Storage Advisors Affiliate (http://gorden-group.com/)

Our office in Nevada is with:

The Gorden Company

8275 S Eastern Avenue Suite 200

Las Vegas, NV 89123

Contact
Jeff Gorden
***@gorden-group.com
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Tags:Self Storage
Industry:Real Estate
Location:Las Vegas - Nevada - United States
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