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30044564
30044565

3004 Minnesota Ave, Lynn Haven, FL 32444

UR
FL CQ1029333
Urbis Real Estate
Listed by Urbis Real Estate
$107,085
94 days on market
Updated 93 days ago

Condo Storage for Sale (7% annual return)

Details
Property Type Self Storage
Sub Type Condominium
Net Rentable (SqFt) 550
Year Built 2006
Ownership Condominium (fee simple)

7% NET RETURN - Fully Passive Self Storage Portfolio

Marketing description

Condo Storage Units for Sale - 7% Net Return - Lynn Haven, FL

Opportunity to acquire a 4-unit condo storage portfolio in Lynn Haven, Florida.
These are individually deeded storage units located within a professionally operated self-storage facility. Each unit is subject to a lease-back agreement with the operator, creating truly passive income with zero landlord responsibilities.

This is a fully passive investment. The operator manages leasing, maintenance, insurance, property taxes, and assumes vacancy risk.

Total Price: $107,085
Total Annual Net Income: $7,495.95
Return: 7% Net
Payments: Quarterly
Ownership: Fee Simple (Individually Deeded Units)

Units:

Condo Storage units are individually deeded storage spaces within a professionally managed self-storage facility. They serve private individuals and businesses that require secure, dedicated storage space for personal belongings, inventory, equipment, or records.

From an investment perspective, condo storage offers direct real estate ownership (fee simple title) combined with a lease-back structure, where a professional operator manages the unit and pays the owner a fixed annual rent. This structure allows investors to receive passive income without handling tenants, maintenance, property taxes, or operational expenses.

High consumption levels in the United States, population mobility, e-commerce growth, and limited residential storage space continue to drive steady demand for self-storage nationwide.

The self-storage industry has been part of the U.S. real estate market for more than 50 years and is widely recognized as one of the most resilient asset classes. It has historically performed well during economic downturns due to consistent demand from individuals and businesses needing flexible storage solutions.

Condo storage combines the stability of the self-storage sector with the advantage of owning a tangible, income-producing real estate asset.

✅ Why Investors Like This Asset

✔ 100% Passive – Operator handles leasing & management
✔ No CAM, maintenance, insurance, or tax expenses to owner
✔ No vacancy risk (operator assumed)
✔ No utilities required
✔ Deeded real estate — not a fund or syndication
✔ Self-storage = historically resilient asset class

📌 Flexible Exit Strategy

Seller prefers portfolio sale.
However, units may be sold individually.

Limited inventory. Strong demand for smaller-ticket passive investments.

for more info please email [email protected]

Investment highlights

Listing Contacts

UR
FL CQ1029333
Urbis Real Estate
Listed by Urbis Real Estate

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Additional Information

Name
Urbis Real Estate
License
CQ1029333
Brokerage
Urbis Real Estate Corp
Title
Broker
Brokerage Address
2980 Northeast 207th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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