Marcus & Millichap Sell Cotati Mini Storage

Marcus & Millichap sold Cotati Mini Storage in Cotati, Calif., for $830,000. Bobby Loeffler and Tyler Skelly in the companys Sacramento office listed the 142-unit property for the David & Betty Cate Family Trust. The buyer, Shaw Moaveni, was also represented by Loeffler & Skelly.

Marcus & Millichap sold Cotati Mini Storage in Cotati, Calif., for $830,000. Bobby Loeffler and Tyler Skelly in the company’s Sacramento office listed the 142-unit property for the David & Betty Cate Family Trust. The buyer, Shaw Moaveni, was also represented by Loeffler & Skelly. The buyer paid all-cash for the infill asset. Cotati Mini Storage is a 13,276-net-rentable-square-foot facility on 0.96 acres. It has four single-story buildings, asphalt driveways and a manager’s office. The buyer plans to hold the property for investment. For more information, visit  www.marcusmillichap.com.

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