428 Government Ave - Self-Storage Facilities FOR SALE
Valparaiso, FL 32580 |
$1,123,000 USD
407-924-1408
428 Government Ave
Valparaiso, FL 32580
HIGHLIGHTS
- Robust cash flow offers an investor a strong cash-on-cash return | CASH-ON-CASH RETURN: 8.02%
- 151 Units | 20,424 Gross Rentable SF | 23,799 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
- The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
- Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
- Facility is equipped with internet-based keypad entry, and comes with an app for easy access, providing customers the ability to rent units and pay t
- Self-Storage opportunity spanning 1.03 acres, strategically located in an area with a population of 70,132 within 5-miles
FOR SALE DETAILS
PRICE
$1,123,000 USD
PRICE/SF
$47 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
StoragePUP of Valparaiso
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.03 AC
LAND SF
44,867 SF
ZONING
I-1
APN/PARCEL ID
12-1S-23-253E-0022-0050
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407-924-1408
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407-924-1408
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