Florida 6-Properties Self Storage Opportunity

Florida 6-Properties Self Storage Opportunity2021-10-20T14:45:42-04:00

Project Description

UNDER AGREEMENT
The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of six properties located throughout the Mid-Florida area.

UNDER AGREEMENT

Total Size – 329,844 NRSF

The Self-Storage Group of Cushman & Wakefield has been selected to exclusively market the sale of six properties located throughout the Mid-Florida area.

Take advantage of an incredible opportunity to acquire six established self-storage properties in the fast-growing state of Florida. More and more top companies are opening new offices in the state, and the rise in remote working is giving staff more freedom to choose where they want to live. For these reasons, Florida’s population is swelling at twice the rate of overall US population growth. The Sunshine State reported that its population grew by 2.7 million (14.6%) between 2010 and 2020, according to US Census data.

The Brooksville property is located less than an hour north of Tampa. Built-in 2004, the 55,555 square-foot facility serves the fast-growing Tampa Bay metro area with 437 rental units and ample convenience  features like drive-up storage.

Nearby, the Lecanto property streamlines self-storage convenience with an easily accessible location on S. Lecanto Highway (Hwy 491) near W. Gulf to Lake Highway. The 62,010 square-foot facility hosts 455 rentable units. Less than an hour away, the Ocala self-storage property offers safe, clean, and affordable options for “The Horse Capital of the World.” Built-in 2006, the 49,150 square-foot facility offers a total of 400 rental units and is the only drive-through, climate-controlled entity serving Ocala.

Two self-storage properties are in Winter Haven, which is considered part of the second-fastest-growing metro area in the nation. The 991 Recker Hwy location comprises 70,050 square feet of space and 596 rentable units while the smaller 6400 State Road 544 location encompasses 43,880 square feet of space and 520 rentable units.

Lastly, the Vero Beach property caters to its fast-growing “Treasure Coast” community with an ample 61,109 square-foot facility and 520 rentable units of various sizes. Like the other properties, the facility includes drive-up storage units, climate-controlled units, and options for RV and boat storage.

For a savvy investor, this sale presents a unique opportunity to acquire six established self-storage businesses situated throughout several booming Mid-Florida metro areas.