Argus Broker Affiliates Announce Sale of Mississippi Self Storage Portfolio

Mobile, AL, June 18, 2022 –(PR.com)– Argus Self Storage Advisors Stuart P. LaGroue, Sr. and Bill Barnhill, CCIM, represented the seller of Southern Storage, a 4 property self-storage portfolio, with 3 locations in Lucedale, MS, and one in Moss Point, MS. All four locations combined comprised 421 units (including non-climate and climate control units) encompassing 50,915 rentable square feet. The transaction closed on March 29, 2022, for $3,900,000 and was sold to MSU4301LE LP, a Delaware Limited Liability Partnership.

Bill and Stuart are the Gulf Coast region broker affiliates of Argus Self Storage Advisors. They can be reached at 251-432-1287. Based in Denver, Colorado, Argus Self Storage Advisors (Argus) was formed in 1994 to assist owners and investors of self-storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the Argus network has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self-storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.