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14709 NW 129th Ter 11,200 SF Specialty Building Offered at $725,000 in Alachua, FL 32615
Executive Summary
Value Add Deal
Lots up upside potential by leasing up and getting property to stabilization and increasing rents as well as reducing expenses.
MANY new homes being built in the area.
Short term (18-24 months) seller financing potential for a portion of the purchase.
Lots up upside potential by leasing up and getting property to stabilization and increasing rents as well as reducing expenses.
MANY new homes being built in the area.
Short term (18-24 months) seller financing potential for a portion of the purchase.
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Property Facts
| Price | $725,000 | Building Class | C |
| Price Per SF | $64.73 | Lot Size | 1.01 AC |
| Sale Type | Investment or Owner User | Building Size | 11,200 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1978 |
| Property Subtype | Self-Storage | ||
| Zoning | IG | ||
| Price | $725,000 |
| Price Per SF | $64.73 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 11,200 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Zoning | IG |
Amenities
- Controlled Access
About 14709 NW 129TH TER , ALACHUA, FL 32615
People’s Choice Storage Alachua is located at 14709 NW 129th Terrace in Alachua, Florida. The facility is located 2- miles east of I-75 and 15 miles northwest of Gainesville, just off US 441, Alachua County’s primary North/South thoroughfare. The Property is comprised of 118 drive-up storage units totaling 11,200 sf. Unit sizes range from 25 – 200 sf, and average 95 sf across all unit types. The property is currently 69.5% occupied by unit count and 78.1% occupied by square footage. Economic occupancy is 70.5%.
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Property Taxes
| Parcel Number | 03212-003-000 | Improvements Assessment | $426,642 |
| Land Assessment | $156,858 | Total Assessment | $583,500 |
Property Taxes
Parcel Number
03212-003-000
Land Assessment
$156,858
Improvements Assessment
$426,642
Total Assessment
$583,500
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14709 NW 129th Ter
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