SOLD
3050 Orange Ave LLC Acquires StorCo Self Storage In Long Beach For $13.49M
3050 Orange Avenue
Self Storage
Sold 119 days ago
Summary
Sale
CALIFORNIA
Self Storage
The Colliers' de Jong | Becher Self Storage Group facilitated the $13.49 million sale of StorCo Self Storage in Long Beach, California. The property, located at 3050 Orange Avenue, spans across 7.56 acres and consists of 772 storage units, various storage spaces, a commercial building, parking, and an industrial parcel leased to Rain For Rent.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: $13,490,000
- Units: 772
- Price per Unit: $17,474
The buyer, 3050 Orange Ave LLC, acquired the property from the seller, CREE Investment Company. The transaction was brokered by Jacob Becher and Tom de Jong from Colliers International.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Jacob Becher & Tom de Jong
DATE: 01/04/2024
ADDRESS: 3050 Orange Avenue
MARKET: Long Beach
ASSET TYPE: Self Storage ~ ACRES: 7.56
BUYER: 3050 Orange Ave LLC
SELLER: CREE Investment Company
BROKERS: Jacob Becher & Tom de Jong - Colliers International (@ColliersInternational)
SALE PRICE: $13,490,000
UNITS: 772 ~ PPU: $17,474
NOTE: Colliers' de Jong | Becher Self Storage Group facilitated the $13.49 million sale of StorCo Self Storage in Long Beach, California, from CREE Investment Company to 3050 Orange Ave LLC. The 7.56-acre property includes 772 storage units, various storage spaces, a commercial building, parking, and an industrial parcel leased to Rain For Rent.View on map
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Address3050 Orange Avenue
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