Garden Highway Mini-Storage, a 45,430-square-foot self-storage facility in Yuba City, Calif., sold for $950,000.
Located on 2.72 acres, the property consists of 419 storage units and 20 open parking stalls. The average unit size is more than 103 square feet. The buyer plans to update the facility and hold it for investment purposes.
Bobby Loeffler and Tyler Skelly, self-storage specialists with The Loeffler Self-Storage Group, represented the seller, Vern Schafer, and the buyer, YC Investors 57 LLC.
The Loeffler Self-Storage Group is a commercial brokerage firm with offices in California and Nevada.