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Self-Storage Facility

Amelia Personal Storage

1431 Lewis St, Fernandina Beach, FL 32034

Listing Price: $2,000,000

Cap Rate
4.01%
Number of Units
162
Occupancy
64.1%
Gross SF
15,911
Rentable SF
15,911
Price/Rentable SF
$125.70
Year Built
1982

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Amelia Personal Storage located in Fernandina Beach, Florida. The facility consists of 138 non-climate controlled units and 24 climate controlled units totaling 23,791 net rentable square feet. The facility also includes 30 parking units. The facility recently underwent several capital investments including new roofing, a new security gate, new cameras, and new pavement for part of the property. The property is fully fenced and features a keypad gated entry, an onsite management office, and 24-hour video surveillance.

The location of this facility benefits from a rapidly growing surrounding population. The population within five miles of the facility is 18,474, which represents a 33 percent increase since 2000 and is expected to continue to grow another eight percent over the next five years. They are the only storage facility located on the southern half of Amelia Island. The facility is located 500 feet off of Highway A1A which has daily traffic counts of 12,000 cars per day.

Amelia Personal Storage is being offered for $2.0 million or $84.07 per rentable square foot.

Investment Highlights

  • 23,791 Net Rentable Square Feet
  • 138 Non-Climate Controlled Units | 24 Climate Controlled Units
  • 30 Parking Units
  • Below Market Rents
  • Only Self-Storage Facility Located on the Southern Half of Amelia Island

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Self-Storage Facility

Amelia Personal Storage

Listing Price: $2,000,000

Cap Rate
4.01%
Number of Units
162
Occupancy
64.1%
Gross SF
15,911
Rentable SF
15,911
Price/Rentable SF
$125.70
Year Built
1982

Investment Highlights

  • 23,791 Net Rentable Square Feet
  • 138 Non-Climate Controlled Units | 24 Climate Controlled Units
  • 30 Parking Units
  • Below Market Rents
  • Only Self-Storage Facility Located on the Southern Half of Amelia Island

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Amelia Personal Storage located in Fernandina Beach, Florida. The facility consists of 138 non-climate controlled units and 24 climate controlled units totaling 23,791 net rentable square feet. The facility also includes 30 parking units. The facility recently underwent several capital investments including new roofing, a new security gate, new cameras, and new pavement for part of the property. The property is fully fenced and features a keypad gated entry, an onsite management office, and 24-hour video surveillance.

The location of this facility benefits from a rapidly growing surrounding population. The population within five miles of the facility is 18,474, which represents a 33 percent increase since 2000 and is expected to continue to grow another eight percent over the next five years. They are the only storage facility located on the southern half of Amelia Island. The facility is located 500 feet off of Highway A1A which has daily traffic counts of 12,000 cars per day.

Amelia Personal Storage is being offered for $2.0 million or $84.07 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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