Stabilized Assets: Three well-maintained, single-story self-storage facilities totaling 187,179 rentable square feet across 1,757 units
Strong Occupancy Rates: Portfolio-wide occupancy of 88.2% as of August 2024
Strategic Locations: Properties are situated in rapidly growing Florida markets with convenient access to major highways and residential neighborhoods
Diverse Unit Mix: Portfolio includes a mix of climate-controlled, drive-up, and specialty units to cater to a wide range of customer needs
Value-Add Potential: Opportunities for occupancy and rental rate increases as well as operating expense savings from a more sophisticated operator
Strong Cash Flow: Portfolio generates over $2.8 million in top line revenue with a stable tenant base in growing Florida markets
Cushman & Wakefield’s Self-Storage Advisory Group has been successfully completed the sale of 3 properties in Tampa, Ocala, and Jacksonville, Florida.
SIMILAR PROPERTIES
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