investment real estate, llc announces sale of easton ...€¦ · northampton county, which is in...

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FOR IMMEDIATE RELEASE Investment Real Estate, LLC Announces Sale of Easton Public Storage in Easton, PA York, PA – October 4, 2018 Investment Real Estate, LLC announces the sale of the Easton Public Storage for $1,105,000 to a private investor. Easton Public Storage is located on Sullivan Trail in Easton, Pennsylvania, Northampton County, which is in Northampton County and part of the Lehigh Valley. The facility opened in 1997 and offers over 230 drive up and interior access storage units as well as more than 40 outdoor parking spaces. Easton Public Storage is comprised of 2.57 acres of commercial zoned land. The facility is located along the well-traveled Sullivan Trail with an estimated daily traffic count of 7,600 vehicles. George Hatchard, Brokerage Advisor for Investment Real Estate, says, “The seller lives in Montana, so all of our conversations were over the phone. By visiting the site and understanding his operation, I was able to show him a custom marketing plan that matched his goals and expectations. He knew early on that IRE was the best choice to sell his facility.” The property is comprised of four buildings with an on-site rental office and operates as a U-Haul dealer. Property features include asphalt driveways, perimeter fencing, interior and exterior lighting, a video surveillance system and 24/7 access. Easton Public Storage was 72% occupied at the time of the sale but was just 51% economic occupancy. George continues, “The buyer owns a self storage facility in the area and was a perfect fit to purchase this facility. He and his team were experienced in the due diligence process, which kept the deal moving along. He and the seller were equally enjoyable to work with on this transaction.” The seller, Charlie Byrne, commented, “As an out of state seller, I wasn’t sure what to expect, but George handled all the details, kept the sale process moving forward and all the parties involved. In addition, he was there for all the critical inspections, which saved us a lot of travel and time. He brought everyone together for a successful closing. We would highly recommend George and his firm, Investment Real Estate, LLC. It was a pleasure working with them.” ABOUT INVESTMENT REAL ESTATE, LLC Since our inception in 1998, Investment Real Estate, LLC has specialized solely in the self storage industry, including Brokerage, Construction, Management and Development. We travel thousands of miles each year, meeting and getting to know clients in the markets we serve and networking at various industry associations and functions, while developing our reputation as the go-to source for information in the self storage industry. We are the #1 Broker of Self Storage in the Mid-Atlantic and Northeast States. Our company remains locally owned and operated and is guided by the core values of doing the right thing for our clients; being enthusiastic, energetic, tenacious and competitive; driving the miles, working hard and smart; having fun; and being caring, compassionate and authentic. For more information, please visit www.irellc.com. CONTACT To learn more, please contact: Jess Dubbs Director of Marketing 10 Bentzel Mill Road York, PA 17404 P: 717-779-0804 E: [email protected] Specializing Solely In Self Storage. Investment Real Estate, LLC

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Page 1: Investment Real Estate, LLC Announces Sale of Easton ...€¦ · Northampton County, which is in Northampton County and part of the Lehigh Valley. The facility opened in 1997 and

FOR IMMEDIATE RELEASEInvestment Real Estate, LLC Announces Sale of Easton Public Storage in Easton, PA

York, PA – October 4, 2018Investment Real Estate, LLC announces the sale of the Easton Public Storage for $1,105,000 to a private investor. Easton Public Storage is located on Sullivan Trail in Easton, Pennsylvania, Northampton County, which is in Northampton County and part of the Lehigh Valley.

The facility opened in 1997 and offers over 230 drive up and interior access storage units as well as more than 40 outdoor parking spaces. Easton Public Storage is comprised of 2.57 acres of commercial zoned land. The facility is located along the well-traveled Sullivan Trail with an estimated daily traffic count of 7,600 vehicles.

George Hatchard, Brokerage Advisor for Investment Real Estate, says, “The seller lives in Montana, so all of our conversations were over the phone. By visiting the site and understanding his operation, I was able to show him a custom marketing plan that matched his goals and expectations. He knew early on that IRE was the best choice to sell his facility.”

The property is comprised of four buildings with an on-site rental office and operates as a U-Haul dealer. Property features include asphalt driveways, perimeter fencing, interior and exterior lighting, a video surveillance system and 24/7 access. Easton Public Storage was 72% occupied at the time of the sale but was just 51% economic occupancy.

George continues, “The buyer owns a self storage facility in the area and was a perfect fit to purchase this facility. He and his team were experienced in the due diligence process, which kept the deal moving along. He and the seller were equally enjoyable to work with on this transaction.”

The seller, Charlie Byrne, commented, “As an out of state seller, I wasn’t sure what to expect, but George handled all the details, kept the sale process moving forward and all the parties involved. In addition, he was there for all the critical inspections, which saved us a lot of travel and time. He brought everyone together for a successful closing. We would highly recommend George and his firm, Investment Real Estate, LLC. It was a pleasure working with them.”

ABOUT INVESTMENT REAL ESTATE, LLCSince our inception in 1998, Investment Real Estate, LLC has specialized solely in the self storage industry, including Brokerage, Construction, Management and Development. We travel thousands of miles each year, meeting and getting to know clients in the markets we serve and networking at various industry associations and functions, while developing our reputation as the go-to source for information in the self storage industry. We are the #1 Broker of Self Storage in the Mid-Atlantic and Northeast States. Our company remains locally owned and operated and is guided by the core values of doing the right thing for our clients; being enthusiastic, energetic, tenacious and competitive; driving the miles, working hard and smart; having fun; and being caring, compassionate and authentic. For more information, please visit www.irellc.com.

CONTACTTo learn more, please contact:Jess DubbsDirector of Marketing 10 Bentzel Mill RoadYork, PA 17404 P: 717-779-0804E: [email protected]

Specializing Solely In Self Storage.

Investment Real Estate, LLC