1241 NW 50th Ave - Self-Storage Facilities FOR SALE
Gainesville, FL 32609 |
$1,100,000 USD
407-924-1408
1241 NW 50th Ave
Gainesville, FL 32609
HIGHLIGHTS
- Price Reduction
- Expansion Opportunity: Potential to increase revenue by adding storage units | 800 SF of vacant climate-controlled space currently underutilized
- Opportunity to develop four (4) new 10’x20’ climate-controlled units with roll-up doors
- Further Upside Potential: Opportunity to increase NOI by standardizing & raising rental rates to market levels
- Solid inventory: 85 Total storage units | 10,855 SF
- Ideal location: Located approximately 4 miles from The University of Florida & 5 miles from the Gainesville Regional Airport
FOR SALE DETAILS
PRICE
$1,100,000 USD
PRICE/SF
$92 USD /SF
CAP RATE
5.86%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Porterfield Mini Storage
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
57
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,381 SF
ZONING
I1
APN/PARCEL ID
07966-011-000
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407-924-1408
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407-924-1408
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