Marcus & Millichap announced today the sale of Superior Self Storage of Rockford, a 31,210-square-foot self-storage property located at 1711 York Ave in Rockford, Illinois. The asset sold for above price guidance with multiple offers received.
Senior Managing Director Sean M. Delaney had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Delaney.
The property features 204 non-climate-controlled units, an on-site manager’s office/residence, four rental apartments and one single family residence. The site is well situated on 10 total acres with 325 feet of street frontage with approximately 14,100 vehicles per day. The property also has expansion potential on approximately three vacant acres.
