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428 Government Ave
Valparaiso, FL 32580
StoragePUP of Valparaiso · Specialty Property For Sale
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23,799 SF
Investment Highlights
- Robust cash flow offers an investor a strong cash-on-cash return | CASH-ON-CASH RETURN: 8.02%
- The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
- 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
- 151 Units | 20,424 Gross Rentable SF | 23,799 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
- Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
- Self-Storage opportunity spanning 1.03 acres, strategically located in an area with a population of 70,132 within 5-miles
Property Facts
| Property Type | Specialty | Building Size | 23,799 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1988 |
| Lot Size | 1.03 AC | ||
| Zoning | I-1 - Industrial | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 23,799 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Zoning | I-1 - Industrial |
Amenities
- Signage
Property Taxes
| Parcel Number | 12-1S-23-253E-0022-0050 | Improvements Assessment | $411,993 |
| Land Assessment | $292,384 | Total Assessment | $704,377 |
Property Taxes
Parcel Number
12-1S-23-253E-0022-0050
Land Assessment
$292,384
Improvements Assessment
$411,993
Total Assessment
$704,377
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