• Broker Austin McLeod 6785761780

KO Storage 3 Specialty Properties Offered at $6,780,000 in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • Listed at a very attractive day-1 yield at a 7.00% cap rate on T-12 NOI
  • Efficiently managed portfolio with one manager overseeing all three sites for $32k per year
  • ±1.79 acre vacant piece land ready for expansion at the 7350 State Rte 100 location
  • Upside remaining in improved occupancy, presenting the opportunity to hit a 9.14%+ Year 2 Cap Rate
  • Strong traffic counts for each location at 12,000 Vehicles Per Day (VPD) for the Keystone Heights locations, and 32,000 VPD for Starke
  • Limited competition in these sub-markets with zero professional management

EXECUTIVE SUMMARY

BROKER OF RECORD
Kyle Matthews
License No. CQ1066435 (FL)

PROPERTY FACTS

Price $6,780,000
Price / SF $153.54 / SF
Cap Rate 7%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 44,159 SF
Total Land Area 4.57 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1029 SE State Road 100, Keystone Heights, FL 32656 Specialty 14,055 SF 1993 -
Keystone Mini Store
7350 SR 100, Keystone Heights, FL 32656 		Specialty 10,390 SF 1977 -
C & C Mini Storage
1650 S Walnut St, Starke, FL 32091 		Specialty 19,714 SF 1994 -
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LINKS

MAP

ADDITIONAL PHOTOS

View Photo Starke-FL-WM
View Photo 1029 resized wm
View Photo 1650 S Walnut St

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