Paladin Quarters 2 LLC acquired a 29,000-square-foot self-storage facility at 2717 Poinsett Highway, Greenville, S.C., from Chadjere Enterprises LLC for $825,000.

September 19, 2011

1 Min Read
Paladin Quarters 2 Buys Greenville, S.C., Self-Storage Facility

Paladin Quarters 2 LLC acquired a 29,000-square-foot self-storage facility at 2717 Poinsett Highway, Greenville, S.C., from Chadjere Enterprises LLC for $825,000. The 180-unit property with four industrial buildings had some deferred maintenance, so $15,000 of the proceeds were put into escrow until the seller completes the repairs.

In addition to self-storage space, the property has an office/retail building leased to a barber shop. The property was 85 percent occupied at the time of sale.

Jim Hopple and Rodger Willoughby of Keystone Commercial Group LLC represented the buyer. Keystone is a Greenville, S.C.-based commercial real estate firm that represents buyers and sellers of commercial property including industrial, office, retail, and investment. Clients include corporations, small businesses and investors.

Sources:

Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.

You May Also Like