Highway 98 East Mini Storage in McComb, Miss., was sold in early March to an undisclosed investor for $240,000. The facility has 18,000 rentable square feet and 144 units. It sits on 2 acres with room for expansion. Built in 2000, the property has good visibility along Highway 98.
Bill Barnhill and Stuart LaGroue of Omega Properties Inc. represented the sellers. Both brokers specialize in the Alabama, Florida Panhandle and Mississippi markets and are affiliates of the Argus Self Storage Sales Network.
Based in Denver, Argus was formed in 1994 to assist self-storage owners and investors. The company has 36 broker affiliates covering approximately 40 markets.