Self-Storage Facility
349 STORAGE
89 SE 349 Hwy, Old Town, FL 32680
Listing Price: $2,200,000
Cap Rate
4.40%
Occupancy
40.0%
Rentable SF
9,493
Price/Rentable SF
$231.75
Year Built
1983
Investment Overview
Newly renovated property with no capital improvement needs in the near term, reducing financial risk for investors
349 STORAGE
Investment Highlights
- Operations after renovations commenced in April 2025
- The facility offers a mix of indoor climate controlled and outdoor storage bays in various sizes, catering to a broad range of customer needs, from personal to commercial use.
- Minimal staffing requirements due to automated systems and self-service options, ensuring low overhead and high operational efficiency.
- Opportunity for expansion by adding more units or offering additional services such as boat, RV, or trailer parking spaces.
- State-of-the-art security systems, including video surveillance and access control, provide peace of mind for both tenants and investors.
- Industrial Ice Machine with public access, providing a consistent source of monthly rental income
Exclusively Listed By
Financing By
Listing Price: $2,200,000
Cap Rate
4.40%
Occupancy
40.0%
Rentable SF
9,493
Price/Rentable SF
$231.75
Year Built
1983
Investment Highlights
- Operations after renovations commenced in April 2025
- The facility offers a mix of indoor climate controlled and outdoor storage bays in various sizes, catering to a broad range of customer needs, from personal to commercial use.
- Minimal staffing requirements due to automated systems and self-service options, ensuring low overhead and high operational efficiency.
- Opportunity for expansion by adding more units or offering additional services such as boat, RV, or trailer parking spaces.
- State-of-the-art security systems, including video surveillance and access control, provide peace of mind for both tenants and investors.
- Industrial Ice Machine with public access, providing a consistent source of monthly rental income
Investment Overview
Newly renovated property with no capital improvement needs in the near term, reducing financial risk for investors
Exclusively Listed By
Financing By
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