Investment Real Estate announces sale of Harrisburg Self Storage

December 28, 2015

Harrisburg, PA — Locally owned and operated Investment Real Estate, LLC announced the sale of Harrisburg Self Storage in Harrisburg, to a private investment group for $140,000. Harrisburg Self Storage is located in the lower level of the Kline Village Shopping Plaza on S. 25th St. across from Harrisburg High School. Harrisburg is located in Dauphin County.
Harrisburg Self Storage consists of all interior temperature controlled units totaling 11,667 s/f of storage. The office, elevator and loading area are all located on the first floor of the retail plaza, with business hours six days a week. Customers can access the property through a keypad entrance door and via the rental office.

 The property is a leasehold interest in the shopping center, with a lease in place through June 2025. The site enjoys good visibility from S. 25th St. and Hale Ave. It is in close proximity to the downtown area of Harrisburg and is surrounded by residential and commercial development.
When asked about the sale, John Gilliland, president & CEO for Investment Real Estate said, “The minimal down payment, seller financing and leased real estate format were all selling points for the international buyer who specializes in non-traditional transaction structures. The investment group was happy to acquire a property that fits their unique business model as they continue to grow their portfolio of self storage properties”.

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