Maxi Self-Stor in CA Sells for $925k

<p style="MARGIN: 0in 0in 0pt" class="MsoNormal"> <span style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">Maxi Self-Stor in Bakersfield, Calif., sold for $925,000. The 26,990-square-foot self-storage facility is located at 1831 Golden State Ave. The property was built in 2002 and has 24-hour video surveillance and electronic gates with keypads. The seller was an institutional lender, and the buyer was a regional operator based in California.<p></p></span> </p> <p style="MARGIN: 0in 0in 0pt" class="MsoNormal"> <span style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">The sale was brokered by Nick Walker, a member of Marcus &amp; Millichap Real Estate Investment Services, a nationwide real estate investment services firm. Walker, who represented the buyer and seller, is a member of the firms National Self Storage Group in Ontario Calif. <p></p></span> </p>