Property Offers Drive-Up Access, RV Parking, and On-Site Management

Yucca Valley, CA— Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the $6.9 million of Yucca Valley Self-Storage located at 55970 Yucca Trail, Yucca Valley, CA. Senior Associate Shane Avera, Market Leader Maxx Bauman, and Managing Director Bill Pedersen represented the seller in the transaction.

 

The property was acquired by Purely Storage, a California-based self-storage owner and operator. Matthews™ utilized an extensive marketing plan, bringing in multiple offers from qualified buyers. The seller, a private client looking to cash-out and relinquish the property, capitalized on the strategic pricing in an active sector.

 

“The utilization of Matthews™ proprietary database and marketing technique allowed us to leverage the features of the property, increase views on the facility, and ultimately bring in high deliverables for the seller in a timely manner,” said Avera.

 

Yucca Valley Self Storage is a 39,912 SF facility with an extra acre of land for potential expansion. The buyers plan on utilizing the extra acre of land and adding value by either adding more units, or RV parking.

 

“This transaction marks the first disposition of the storage facility as it was built and held by the sellers until now,” said Bauman. “The property’s location on Twenty-Nine Palms Highway offers easy accessibility and high visibility.”

 

“We were able to utilize our wide reach and multiple relationships with self-storage investors in order to meet both parties’ terms and execute the deal efficiently,” said Pedersen.

 

For more information or to contact agents, please visit www.matthews.com.

 

 

 

About Matthews™

Matthews Real Estate Investments Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 400 agents and support staff in 14 offices across the United States, continues to focus on expansion into new markets. For more information, please visit www.matthews.com.