Skip to main content

Self-Storage Facility

Treasure Chest Self-Storage

1530 Pine Ave, Holly Hill, FL 32117

Listing Price: $750,000

Cap Rate
9.80%
Number of Units
49
Occupancy
84.0%
Rentable SF
9,450
Price/Rentable SF
$79.37
Year Built
1986

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Treasure Chest Self-Storage in Holly Hill, FL. This facility is located at 1530 Pine Ave in Holly Hill, FL 32117 and consists of 49 Drive-Up units totaling 8,200 net rentable square feet of storage. The property also contains 1 on-site duplex consisting of 1,100 SF which adds $15,000 to the overall gross income of the investment.

Treasure Chest Self Storage is a stabilized cash flowing facility that is currently 94 percent physically occupied and is supported by a strong historical occupancy rate. The facility would benefit from implementation of administrative/late fees as well as a tenant insurance program. This is a great investment opportunity for a new self-storage investor or an owner with additional locations to add to existing portfolio for brand exposure.

Investment Highlights

  • 94% Physical Occupancy
  • Upside Through Rate Management, Admin Fees, & Tenant Insurance Program
  • Dense Surrounding Population of 113,538 People in a 5-mile radius
  • Located between Ormond and Daytona Beach

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Self-Storage Facility

Treasure Chest Self-Storage

Listing Price: $750,000

Cap Rate
9.80%
Number of Units
49
Occupancy
84.0%
Rentable SF
9,450
Price/Rentable SF
$79.37
Year Built
1986

Investment Highlights

  • 94% Physical Occupancy
  • Upside Through Rate Management, Admin Fees, & Tenant Insurance Program
  • Dense Surrounding Population of 113,538 People in a 5-mile radius
  • Located between Ormond and Daytona Beach

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Treasure Chest Self-Storage in Holly Hill, FL. This facility is located at 1530 Pine Ave in Holly Hill, FL 32117 and consists of 49 Drive-Up units totaling 8,200 net rentable square feet of storage. The property also contains 1 on-site duplex consisting of 1,100 SF which adds $15,000 to the overall gross income of the investment. Treasure Chest Self Storage is a stabilized cash flowing facility that is currently 94 percent physically occupied and is supported by a strong historical occupancy rate. The facility would benefit from implementation of administrative/late fees as well as a tenant insurance program. This is a great investment opportunity for a new self-storage investor or an owner with additional locations to add to existing portfolio for brand exposure.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

MM Texture Background
MM Textured Background Lower