Self-Storage Facility
Gainesville MSA Self-Storage Offering with Expansion Potential
108 NW 10th Ave, Williston, FL 32696
Listing Price: $875,000
Investment Overview
The Delaney Self-Storage Group of Marcus & Millichap is pleased to present Sto-Away Storage, a Gainesville MSA self-storage offering with expansion potential.
Gainesville MSA Self-Storage Offering with Expansion Potential
Investment Highlights
- Fully Remote Managed Site with Automatic Entry Gate & Security Cameras
- Opened October 2023 | 87.5% Physically Occupied
- ECRIs | Current Street Rates are Significantly Below Market
- Year 5 Unleveraged IRR: 23.01% | Year 5 Leveraged IRR: 22.94%
- Vacant Expansion Parcel with Frontage Along US-41 (+/- 4,000 Vehicles per Day)
- Williston-Approved Expansion | Site Can be Expanded by +/- 14,000 RSF
- Additional Building on Property with Leased Warehouse Space & Apartment
Self-Storage Facility
Gainesville MSA Self-Storage Offering with Expansion Potential
Listing Price: $875,000
Investment Highlights
- Fully Remote Managed Site with Automatic Entry Gate & Security Cameras
- Opened October 2023 | 87.5% Physically Occupied
- ECRIs | Current Street Rates are Significantly Below Market
- Year 5 Unleveraged IRR: 23.01% | Year 5 Leveraged IRR: 22.94%
- Vacant Expansion Parcel with Frontage Along US-41 (+/- 4,000 Vehicles per Day)
- Williston-Approved Expansion | Site Can be Expanded by +/- 14,000 RSF
- Additional Building on Property with Leased Warehouse Space & Apartment
Investment Overview
The Delaney Self-Storage Group of Marcus & Millichap is pleased to present Sto-Away Storage, a Gainesville MSA self-storage offering with expansion potential.
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