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Autumn Acres Self Storage in Syracuse Sold for $330,000

Autumn Acres Self Storage in Baldwinsville, N.Y., was sold for $330,000 to an individual real estate investor.

October 13, 2011

1 Min Read
Autumn Acres Self Storage in Syracuse Sold for $330,000

Autumn Acres Self Storage***Autumn Acres Self Storage in Baldwinsville, N.Y., was sold for $330,000 to an individual real estate investor. The facility contains 10,800 square feet in 96 storage units and 66 outdoor parking spaces.  The total lot size is 11.31 acres.

The operation was in financial distress, being 60 percent physically occupied and 35 percent financially occupied at the time of sale. A local bank financed the transaction using a Small Business Administration loan.

John H. Gilliland of Investment Real Estate LLC, a provider of self-storage brokerage, construction, feasibility and consulting services in the northeast and mid-Atlantic states, represented the buyer and seller in the transaction.

Baldwinsville is a village in Onondaga County. Located in the towns of Lysander and Van Buren, it is part of the Syracuse Metropolitan Statistical Area.

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