The 266-unit Lakeside Self Storage facility at 10046 River St., Lakeside 92040, has been sold for $2.8 million.
[IMAGE-Lakeside.jpg] The buyer is Lakeside Storage I LLC, a California limited liability company, c/o Super Storage, a self-storage owner and operator with 12 locations throughout Southern California and the Central Coast. John R. McGrath Jr., 5449 Taft Ave., La Jolla 92037, is the manager of Super Storage.
The seller of the property (assessor's parcel 394-022-18, 394-041-02 and 02) was Sandoval Construction Inc., with Joseph P Sandoval as the president. The seller took back a trust deed for $2 million.
Garret Sholer and Clifford Crowe, of Lee & Associates–North San Diego County, represented the seller and buyer.
The facility features 43,675 square feet of storage space in four buildings on 2.43 acres.
The new ownership has plans for a full rehabilitation and modernization of the property.