Core South Florida Self-Storage Portfolio – Margate & Pompano Beach, FL
Fort Lauderdale MSA
This offering presents an incredibly rare opportunity to acquire two (2) physically stabilized, institutional-quality self-storage facilities in the highly sought-after Fort Lauderdale market.
The Portfolio totals 142,824 rentable square feet of self-storage across 1,414 virtually all climate-controlled units. Each asset was developed with institutional-quality and amenities, a very rare combination in a South Florida portfolio offering. Each site has prominent, high-visibility locations with excellent population densities, high average incomes and very high barriers to entry. The Portfolio is currently 89% physically occupied with in-place rents of $20.31 and room to increase rents to over $24 over the next 12 to 24 months. This combined with each trade area’s high average occupancy, strong current and historical asking / in-place rents, and core locations offers investors an unmatched opportunity to acquire two core, best-in-class assets with immediate yield potential. The combination of in-place cash flow with near term revenue upside makes this a compelling opportunity for investors seeking durable income with strong market fundamentals.
The Margate and Pompano Beach stores are located in Broward County, one of Florida’s most populous and economically vibrant regions. With nearly 2 million residents, a $163 billion GDP, and a median household income of $89,000, Broward ranks among the top U.S. metros for economic output. The county continues to experience steady population growth and robust infrastructure investment, including over $164 million in capital expansion from businesses in 2024. Both assets are strategically positioned within high-traffic corridors and benefit from great access and visibility with limited new competition and aging inventory in the trade areas. Broward’s mix of residential density, rising incomes, and ongoing redevelopment supports sustained rent growth and stable occupancy across both locations.