Self-Storage Facility
G & O Storage
8027 Congress St, Port Richey, FL 34668
Listing Price: $1,990,000
Investment Overview
G&O Storage, located at 8027 Congress St, Port Richey, FL 34668, is a fully occupied boat and RV storage facility zoned C-2 General Commercial. Currently, the facility's rents are below market rates, presenting a significant opportunity for value enhancement through rental increases. Additionally, the current owners do not charge for electricity, which represents another opportunity to increase revenue. With secure covered storage options, the facility prioritizes safety with gated access, 24/7 video surveillance, and well-lit grounds. G&O Storage has shown consistent revenue growth over the past three years, benefiting from limited competition and increasing demand in the area. Making G&O Storage a compelling opportunity for buyers seeking a well-established facility with substantial growth potential.
G & O Storage
Investment Highlights
- 100% occupied facility with rents below market rates, presenting an opportunity to increase revenue through rental adjustments.
- Ability to charge for electricity, which is not currently done, represents another opportunity to increase revenue without significantly impacting customer satisfaction.
- Offers secure covered storage options with gated access, 24/7 video surveillance, and well-lit grounds.
- Cash flow day one with consistent revenue growth over the past three years, benefiting from limited competition and increasing demand in the area.
- Nearly a mile and a half away from the closest boat docking station.
Exclusively Listed By
Listing Price: $1,990,000
Investment Highlights
- 100% occupied facility with rents below market rates, presenting an opportunity to increase revenue through rental adjustments.
- Ability to charge for electricity, which is not currently done, represents another opportunity to increase revenue without significantly impacting customer satisfaction.
- Offers secure covered storage options with gated access, 24/7 video surveillance, and well-lit grounds.
- Cash flow day one with consistent revenue growth over the past three years, benefiting from limited competition and increasing demand in the area.
- Nearly a mile and a half away from the closest boat docking station.
Investment Overview
G&O Storage, located at 8027 Congress St, Port Richey, FL 34668, is a fully occupied boat and RV storage facility zoned C-2 General Commercial. Currently, the facility's rents are below market rates, presenting a significant opportunity for value enhancement through rental increases. Additionally, the current owners do not charge for electricity, which represents another opportunity to increase revenue. With secure covered storage options, the facility prioritizes safety with gated access, 24/7 video surveillance, and well-lit grounds. G&O Storage has shown consistent revenue growth over the past three years, benefiting from limited competition and increasing demand in the area. Making G&O Storage a compelling opportunity for buyers seeking a well-established facility with substantial growth potential.
Exclusively Listed By
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