Property details

Florida Class A Self-Storage Facility For Sale, Southeast Region

Property Description

Florida Class A Self-Storage Facility For Sale

Florida Class A Self-Storage Facility For Sale.

Brand New Self-Storage Facility.

High Barrier To Entry Location

100% climate controlled self-storage facility.

Over 1,100 units. Located in a Major County MSA.

Currently in lease up mode (~20% leased).

Located on a major highway artery.

Located in a High traffic area.

Located in a densely populated area.

Surrounded by neighboring residential dwellings predominately made up of apartments and single-family homes.

Further this facility is located in close proximity to redeveloping submarkets which have over a thousand new apartment units planned or under construction.

Opportunity available to tie into a pipeline of multiple self-storage sites in high-barrier target markets nationwide. Pro-Forma Cap Rate, based on November 2022 NOI of $1,148,459 is 5.00%

Buyer is responsible for a 2.00% brokerage fee.



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Highlights

Status:
Available
Price:
$23,000,000
 

Property Information

Property Type:
Storage Properties
Industry Type:
Self Storage - Mini Storage
Units/Spaces:
1100
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.