NAI Horizon Senior Vice President Denise Nunez negotiated the $640,000 sale of a self-storage facility at 603 N. Industrial Dr., in Camp Verde, Ariz.
Nunez represented both the seller and the buyer. Kada LLP of Arizona sold the 20,134-square-foot, 176-unit facility, Anchor Mini Storage, to 603 Industrial Drive LLC, a regional self-storage operator.
“This is a 32-year-old, market-established, mom-and-pop operation that will benefit from a buyer who will make some improvements to the site as well as implement a marketing strategy to include a website presence,” Nunez said.
“Camp Verde is one of those sleeper communities that is turning the corner with new retail planned and infrastructure improvements to support expected growth,” Nunez said.
Anchor Mini Storage sits on 2.38 acres in Camp Verde. Besides the sale of Anchor Mini Storage, the deal included a ground lease with United Parcel Service, Inc.