Listing Portfolios

Tampa Bay Self-Storage Portfolio

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NRSF - 134,125

The Tampa Bay Self-Storage Portfolio offers two self-storage facilities located in Tampa and Land O'Lakes, Florida. Acquisition of this portfolio will provide an investor with value-add opportunities, including excellent rent growth potential, great visibilities and solid demographics. The facilities are approximately 16 miles away from one another, allowing for efficient management.

The offering consists of 1,274 total units across 134,125 net rentable square feet over the span of 26 buildings. The unit mix is comprised of 473 climate controlled units and 685 non-climate controlled units, ranging from 16 square feet to 576 square feet. There are also 116 boat and RV parking spaces. Overall, the portfolio demonstrates a physical occupancy of 87.0 percent and an economic occupancy of 71.9 percent. The opportunity has value-add components to enhance returns, including the implementation of truck rentals, reducing management costs and raising rates to market averages.

Florida is ranked as the east's top tax environment for business due to its tax policies, competitive business costs and streamlined regulatory environment. The Tampa-Saint Petersburg-Clearwater MSA, commonly called the Tampa MSA, is the second most populous in Florida at 2.9 million people and the third largest MSA in the southeast United States.

  • Tampa Self Storage Tampa Self Storage
    8119 Anderson Road
    Tampa, FL
  • Land O' Lakes Self Storage Land O' Lakes Self Storage
    21338 Lake Patience Road
    Land O'Lakes, FL