Blake of Pyramid’s Hudson Valley office sells Self Storage Facility for $3,200,000
Date Posted: October 22, 2015
Ulster County, NY – Guy Blake, CCIM, an Associate Real Estate Broker with Pyramid’s Hudson Valley office, successfully brokered the sale of That Storage Place in West Hurley, NY for $3,200,000. Blake represented the seller, That Storage Place, LLC.
The facility is located at 1586 Route 28 West Hurley, NY and consists of 46,800 rsf of drive up self-storage and a 1,200 sf office building. It sits on a 9.6 acre site with room and approvals for an additional 32,000 rsf.
The property and business was purchased by a group of local investors.
“It was a great upside opportunity”, said Blake, “the facility was 95% occupied and needed additional units immediately. The new owners are putting up another 13,500 rsf already”.
Blake, a 22 year veteran of the commercial real estate industry, specializes in the disposition of storage facilities and is the NY/CT representative of the Argus Self Storage Sales Network. He previously handled the sale of That Storage Place in Kingston at 388 Flatbush Ave. for $2,425,000.‹ Back to News