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Self-Storage Facility

Apex Self Storage

50 Coast Rd, Pensacola, FL 32507

Listing Price: $1,300,000

Cap Rate
5.14%
Number of Units
138
Occupancy
80.0%
Gross SF
16,650
Rentable SF
16,650
Price/Rentable SF
$78.08
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to offer for sale Apex Self Storage located in Pensacola, Florida. This facility opened in 2021 and features 138 non-climate-controlled units totaling 16,650 net rentable square feet. The site has achieved 80 percent physical occupancy and 98 percent economic occupancy since opening. It since in a well populated area and has great street frontage and accessibility.

Investment Highlights

  • Pensacola, Florida Self-Storage Offering
  • 16,650 Net Rentable Square Feet
  • 138 Non-Climate Controlled Units
  • Stabilized Facility: 80.48 Percent Physical Occupancy & 98.36 Percent Economic Occupancy Since Opening in 2021

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director / Chief Revenue Officer

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Self-Storage Facility

Apex Self Storage

Listing Price: $1,300,000

Cap Rate
5.14%
Number of Units
138
Occupancy
80.0%
Gross SF
16,650
Rentable SF
16,650
Price/Rentable SF
$78.08
Year Built
2021

Investment Highlights

  • Pensacola, Florida Self-Storage Offering
  • 16,650 Net Rentable Square Feet
  • 138 Non-Climate Controlled Units
  • Stabilized Facility: 80.48 Percent Physical Occupancy & 98.36 Percent Economic Occupancy Since Opening in 2021

Investment Overview

Marcus & Millichap is pleased to offer for sale Apex Self Storage located in Pensacola, Florida. This facility opened in 2021 and features 138 non-climate-controlled units totaling 16,650 net rentable square feet. The site has achieved 80 percent physical occupancy and 98 percent economic occupancy since opening. It since in a well populated area and has great street frontage and accessibility.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director / Chief Revenue Officer

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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