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Self-Storage Facility

All Purpose Storage

3422 Palm Ave, Fort Myers, FL 33901

Listing Price: $2,800,000

Cap Rate
1.20%
Number of Units
198
Occupancy
64.0%
Rentable SF
32,005
Price/Rentable SF
$87.49
Year Built
1978

Investment Overview

Marcus & Millichap is pleased to offer for sale the Southwest Florida Two Property Portfolio located in Lehigh Acres and Fort Myers, Florida. These two properties combine to feature eight climate-controlled units, 297 non-climate-controlled units, and three warehouse spaces totaling 56,939 net rentable square feet. This facility benefits from a dense and growing surrounding population. The Southwest Florida Two Property Portfolio combines to sit on 4.72 acres of land and is located under 15 miles from one another.

Investment Highlights

  • Southwest Florida Existing Two Property Self-Storage Offering with Large Upside
  • Available Together or Separately
  • 32,005 Net Rentable Square Feet at Fort Myers
  • 198 Non-Climate Units at Fort Myers
  • Seller Has Preliminary Expansion Plans For Fort Myers That Total 16,640 Gross Non-Climate Square Feet

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

All Purpose Storage

Listing Price: $2,800,000

Cap Rate
1.20%
Number of Units
198
Occupancy
64.0%
Rentable SF
32,005
Price/Rentable SF
$87.49
Year Built
1978

Investment Highlights

  • Southwest Florida Existing Two Property Self-Storage Offering with Large Upside
  • Available Together or Separately
  • 32,005 Net Rentable Square Feet at Fort Myers
  • 198 Non-Climate Units at Fort Myers
  • Seller Has Preliminary Expansion Plans For Fort Myers That Total 16,640 Gross Non-Climate Square Feet

Investment Overview

Marcus & Millichap is pleased to offer for sale the Southwest Florida Two Property Portfolio located in Lehigh Acres and Fort Myers, Florida. These two properties combine to feature eight climate-controlled units, 297 non-climate-controlled units, and three warehouse spaces totaling 56,939 net rentable square feet. This facility benefits from a dense and growing surrounding population. The Southwest Florida Two Property Portfolio combines to sit on 4.72 acres of land and is located under 15 miles from one another.

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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