Minker Trahant & Associates represented the seller in the sale of Ideal Mini Storage in Terrell, Texas. The 40,503-square-foot self-storage property was sold at 60 percent occupancy with high delinquency. Brokers Richard Minker and Tyler Trahant structured an owner-financed transaction to allow the buyer flexible terms and provide the seller with the necessary cash at closing.
Minker Trahant is an affiliate of the Argus Self Storage Sales Network, which has 36 broker affiliates covering approximately 40 self-storage markets.
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