Listed by SVN Southland Commercial, SVN | Wilson Commercial Group, LLC, SVN | SouthLand Commercial Pensacola
$1,200,000
Live Oak Freedom Storage
Details
Property Type Self Storage
Sub Type Self Storage
Square Footage 16,872
Units 111
Cap Rate 8.58%
NOI $103,000
Occupancy 90%
Tenancy Multi
Price per SqFt $71
Year Renovated 2024
Acreage 1.880
Investment Type Stabilized
Self Storage | 8.58% CAP | 111 Units
Marketing description
The Live Oak facility features 111 units totaling 16,074 square feet, including a warehouse on I-88 acres. The property has also undergone extensive inversion potential, or additional rentable lighting. The small warehouse provides flexible conversion potential, or additional rentable space, further enhancing the investments upside. Located on a corner lot on US Highway 90 with over 8,600 vehicles per day and close proximity to Publix and other major retailers, the site enjoys a strong consumer draw and daily traffic flow. Over 90% occupancy!
Investment highlights
- Growing county area with over 40,000 people.
- Expansion Potential, Potential Small Warehouse Conversion
- High Traffic & Visibility on US 90 (~8,600 VPD)
- Retail Corner Location near Publix
- 90% Occupied!
- Only 1 Hour from Jacksonville and Gainesville
Listing Contacts
Listed by SVN Southland Commercial, SVN | Wilson Commercial Group, LLC, SVN | SouthLand Commercial Pensacola
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$103,000.00
$8,583.33/mo
Valuation Metrics
0
DSCR
8.58%
Cap Rate
8.58%
ROI
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