Listed by Marcus & Millichap - Columbus
$2,225,000
StoragePup - Fort Pierce
Details
Property Type Self Storage
Square Footage 25,859
Units 157
Cap Rate 8.00%
NOI $178,061
Occupancy 72%
Pro-Forma Cap Rate 14.62%
Pro-Forma NOI $325,333
Price per SqFt $86
Year Built 1987
Buildings 2
Acreage 2.400
Sale Condition N/A
Self-Storage | 157 Units | $86/Sqft
Marketing description
Marcus & Millichap is pleased to offer for sale StoragePUP located in Fort Pierce, Florida. This property is part of four properties for sale that can be sold together or separately. This location features 12 climate-controlled units, 45 non-climate-controlled units, 16 climate-controlled pod units, 42 non-climate pod units, 17 office spaces, one apartment, and 24 outdoor parking spaces for a total of 157 units and 25,859 net rentable square feet.
Investment highlights
- Fort Pierce, Florida Self-Storage Offering
- Located Approximately Two Miles South of Saint Lucie
- 25,859 Net Rentable Square Feet
- 12 Climate-Controlled Units, 45 Non-Climate Units, 16 Climate-Controlled Pod Units, 42 Non-Climate Pod Units, 17 Office Spaces, One Apartment, and 24 Outdoor Parking Spaces
- Growing Surrounding Population: Over 17% Increase Since 2010 Within a Five-Mile Radius
- Average Household Income of $119,379 of People Living Within a One-Mile Radius Which is Above the National Average
Listing Contacts
Listed by Marcus & Millichap - Columbus
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$178,061.00
$14,838.42/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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