The asset involved in this transaction is a self-storage facility located at 45755 Commerce Street in Indio, California. The property comprises a total square footage of 56,176 and was transacted at a price of $4,775,000, resulting in a price per square foot of $85.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $4,775,000
• Square Footage: 56,176
• Price Per Square Foot: $85
• Buyer: Chris Hall - Black Dog Properties
• Seller: Jacob Jauregui - IndioPalmsRV
• Brokers: Ingla Robinson, Brandon Robinson & E. Denise Theus - Calvary Realty
• Date of Transaction: 05/23/2024

This transaction was facilitated by a team of brokers comprising Ingla Robinson, Brandon Robinson, and E. Denise Theus, who represented the seller, Jacob Jauregui. The buyer, Chris Hall, is associated with Black Dog Properties, making this a significant deal within the self-storage market in Indio.