1158 8th Ave W - Specialty FOR SALE


Palmetto, FL 34221- Palmetto/Ellenton
$3,045,780 USD
407-557-3819
1158 8th Ave W, Palmetto, FL for Sale
$3,045,780 USD
Specialty - FOR SALE
1/9
null | 5.3% Cap Rate

1158 8th Ave W
Palmetto, FL 34221
Palmetto/Ellenton


HIGHLIGHTS

  • 19,500 SF RV & Boat Storage Facility | 100% Occupied with a Current Wait List | Asset Requires Very Little Maintenance
  • Subject Property Features 26 Fully-Enclosed RV & Boat Storage Units | See Page 7 for a List of Full Services
  • Significant Upside Through Below Market Rents | Currently 35% Below Market on Average | Most Recent Leases Have Been Signed/Renewed at $825 Per Month
  • Developer Individually Addressed Units to Allow Future Condominium Conversion; USPS Approved Mailboxes Provided
  • E-Mon D-Mon Internet & Rent Roll Integrated Electronic Power Submeters Installed
  • Situated on 1.32 Acres Adjacent to Dollar Tree, UPS Store, Pizza Hut, and Take 5 Oil Change

FOR SALE DETAILS

PRICE

$3,045,780 USD

PRICE/SF

$156 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

JUMBO RV & BOAT STORAGE

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

PL_CG

APN/PARCEL ID

26483-0030-9

ASK ABOUT THIS PROPERTY

Casey BarkerMarcus & MillichapMore Info
407-557-3819

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Casey BarkerMarcus & MillichapMore Info
407-557-3819

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.