Rare value add opportunity and well below replacement cost for 197 Unit Self Storage Facility which includes an additional 15 outdoor storage spaces.


Property

Website:https://www.nestseekers.com/5550809
Address:
LEESBURG, FL 34748
Ownership: Other
Type: Unknown
Lot Size: 3.5 Acres

Financials

Price:$2,200,000
Annual Taxes:$14,704.28

Description

Rare value add opportunity (and well below replacement cost) for 197 Unit Self Storage Facility which includes an additional 15 +/- outdoor storage spaces. Known as Flamingo Mini Storage and located in Leesburg and close to The Villages, Flamingo has never been marketed or advertised and all current rentals are month to month providing for a tremendous value add opportunity. Additionally, the buildings consist of 32,000 +/- Sq. Ft. making the price well below replacement cost. The site consists of an additional parcel at the entrance allowing for ample signage and has a gated entry.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of GRIZZARD COMMERCIAL REALESTATE

LEESBURG FL 34748 USA