Marcus & Millichap Arranges 50K SF Self-Storage Sale in [Location]

Marcus & Millichap facilitated the sale of Mountain View RV & Mini Storage, a 49,675-square-foot self-storage facility located in Madras, Oregon. Regional Manager David Tabata from the firm’s Portland office reported that the property sold for $6 million. Investment specialists Christopher Secreto and Samuel Olson from Marcus & Millichap’s Seattle office had exclusive listing rights to market on behalf of sellers and represented buyer interests as well. The developers were selling to an out-of-state buyer.

Mountain View RV & Mini Storage is situated at 2086 NW Andrews Drive and is one of few storage facilities in Madras vicinity close to cities like Culver, Prineville, Metolius and Warm Springs with 358 self storage units built across two phases in 2020 and 2022 respectively. This successful transaction arranged by Marcus & Millichap demonstrates their expertise when it comes to facilitating real estate deals involving self storage properties throughout Oregon region..