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Self-Storage Facility

Storage Place

3300 N Communications Rd, St. Cloud, FL 34769

Listing Price: $4,300,000

Cap Rate
3.70%
Number of Units
363
Occupancy
90.0%
Gross SF
43,030
Rentable SF
43,030
Price/Rentable SF
$99.93
Year Built
1981

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Storage Place located in St Cloud, Florida. This is a stabilized facility with upside that currently features 43,030 net rentable square feet with 363 non-climate-controlled drive-up units. The facility is in a dense area with good visibility and they are currently well below market rental rates.

Investment Highlights

  • Orlando MSA Stabilized Self-Storage Facility with Upside
  • Consists of a Main Location and Two Satellite Locations All Within One-Two Miles Apart
  • 43,030 Total Net Rentable Square Feet | 363 Total Units
  • Well Below Market Rents

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Self-Storage Facility

Storage Place

Listing Price: $4,300,000

Cap Rate
3.70%
Number of Units
363
Occupancy
90.0%
Gross SF
43,030
Rentable SF
43,030
Price/Rentable SF
$99.93
Year Built
1981

Investment Highlights

  • Orlando MSA Stabilized Self-Storage Facility with Upside
  • Consists of a Main Location and Two Satellite Locations All Within One-Two Miles Apart
  • 43,030 Total Net Rentable Square Feet | 363 Total Units
  • Well Below Market Rents

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Storage Place located in St Cloud, Florida. This is a stabilized facility with upside that currently features 43,030 net rentable square feet with 363 non-climate-controlled drive-up units. The facility is in a dense area with good visibility and they are currently well below market rental rates.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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