Listing Portfolios

Miami Self-Storage Portfolio - UNDER CONTRACT

NRSF - 200,470

The portfolio represents an exceptionally rare investment opportunity to acquire three, cash-flowing self-storage facilities located in a high barrier-to-entry market, the Miami Metropolitan Statistical Area. The facilities are at a maximum 12.6-mile distance from one another, providing operating efficiencies for the owner. The facilities are approximately 14 miles from downtown Miami.

The well-maintained facilities are on 8.02 combined acres, featuring a total of 2,049 units among 200,470 rentable square feet in a primary market. Paired with these figures are current portfolio physical and economic occupancies of 86.0 percent and 75.7 percent, respectively, further benefiting a new owner with increasing income through potential growth. The offering also offers the upside of implementing a tenant protection plan program to further enhance revenue; currently, no such program exists at any of the three locations. The facilities offer a variety of venues for storage and numerous amenities, from climate-controlled storage to boat/RV parking and wide aisles for drive-up units, to elevators, loading docks and quality office showrooms.

Located in Hialeah and Miami Gardens, the facilities are surrounded by dense residential activity and are only seconds from major retailers. The locations offer tremendous exposure and easy access to multiple thoroughfares, connecting the subjects to the rest of the vast Miami Metro Area. The MSA significantly ranks one of the top most populous metro areas in the nation, with an impressive 2015 population count of 6,012,331 that is projected to continue its rapid growth.

  • Hialeah Hialeah
    Hialeah, FL
  • Miami Gardens Miami Gardens
    Miami Gardens, FL
  • Hialeah Speedway Hialeah Speedway
    Hialeah, FL