Self-Storage Facility
Treasure Chest Self-Storage
1530 Pine Ave, Holly Hill, FL 32117
Listing Price: $750,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Treasure Chest Self-Storage in Holly Hill, FL. This facility is located at 1530 Pine Ave in Holly Hill, FL 32117 and consists of 49 Drive-Up units totaling 8,200 net rentable square feet of storage. The property also contains 1 on-site duplex consisting of 1,100 SF which adds $15,000 to the overall gross income of the investment.
Treasure Chest Self Storage is a stabilized cash flowing facility that is currently 94 percent physically occupied and is supported by a strong historical occupancy rate. The facility would benefit from implementation of administrative/late fees as well as a tenant insurance program. This is a great investment opportunity for a new self-storage investor or an owner with additional locations to add to existing portfolio for brand exposure.
Investment Highlights
- 94% Physical Occupancy
- Upside Through Rate Management, Admin Fees, & Tenant Insurance Program
- Dense Surrounding Population of 113,538 People in a 5-mile radius
- Located between Ormond and Daytona Beach
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Listing Price: $750,000
Investment Highlights
- 94% Physical Occupancy
- Upside Through Rate Management, Admin Fees, & Tenant Insurance Program
- Dense Surrounding Population of 113,538 People in a 5-mile radius
- Located between Ormond and Daytona Beach
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Treasure Chest Self-Storage in Holly Hill, FL. This facility is located at 1530 Pine Ave in Holly Hill, FL 32117 and consists of 49 Drive-Up units totaling 8,200 net rentable square feet of storage. The property also contains 1 on-site duplex consisting of 1,100 SF which adds $15,000 to the overall gross income of the investment. Treasure Chest Self Storage is a stabilized cash flowing facility that is currently 94 percent physically occupied and is supported by a strong historical occupancy rate. The facility would benefit from implementation of administrative/late fees as well as a tenant insurance program. This is a great investment opportunity for a new self-storage investor or an owner with additional locations to add to existing portfolio for brand exposure.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division