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Self-Storage Facility

Kissimmee Stor-It

1920 N Kelley Ave, Kissimmee, FL 34744

Listing Price: $1,380,000

Cap Rate
5.83%
Number of Units
123
Occupancy
98.2%
Gross SF
16,050
Rentable SF
16,050
Price/Rentable SF
$85.98
Year Built
1995

Investment Overview

Kissimmee Stor-It is a fully occupied, cash flowing, self-storage facility with 123 non-climate units totaling 16,050 net rentable square feet. The property also features an onsite management office and apartment, as well as 11 parking spaces for the storage of Boats or RVs. Located just 16 miles South of Downtown Orlando, 12 miles from Universal Studios Orlando, and 10 miles from Walt Disney World the 3-mile population is over 88,000 people and is expected to climb to almost 96,000 by 2025. Kissimmee Stor-It is 100% physically occupied with a waiting list. The market has seen increasing rental rates over the past year even with a recent increase, rates are still up to 20% below the market.

Investment Highlights

  • 100% Physical Occupancy with Wait List
  • Upside in Revenue Management and Online Presence
  • Over 88,000 Population in 3-Miles
  • High Demand Area - Limited Availability at Competitors
  • Onsite Manager's Apartment

Exclusively Listed By

  • Stacey Gorman

    Senior Vice President Investments

    (678) 808-2734

    Email Stacey

    License(s): GA: 257960, TN: 00305042

    Atlanta

  • Eric Jones

    Associate

    Email Eric

    License(s): FL: SL3243464, GA: 349578

    Atlanta

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Self-Storage Facility

Kissimmee Stor-It

Listing Price: $1,380,000

Cap Rate
5.83%
Number of Units
123
Occupancy
98.2%
Gross SF
16,050
Rentable SF
16,050
Price/Rentable SF
$85.98
Year Built
1995

Investment Highlights

  • 100% Physical Occupancy with Wait List
  • Upside in Revenue Management and Online Presence
  • Over 88,000 Population in 3-Miles
  • High Demand Area - Limited Availability at Competitors
  • Onsite Manager's Apartment

Investment Overview

Kissimmee Stor-It is a fully occupied, cash flowing, self-storage facility with 123 non-climate units totaling 16,050 net rentable square feet. The property also features an onsite management office and apartment, as well as 11 parking spaces for the storage of Boats or RVs. Located just 16 miles South of Downtown Orlando, 12 miles from Universal Studios Orlando, and 10 miles from Walt Disney World the 3-mile population is over 88,000 people and is expected to climb to almost 96,000 by 2025. Kissimmee Stor-It is 100% physically occupied with a waiting list. The market has seen increasing rental rates over the past year even with a recent increase, rates are still up to 20% below the market.

Exclusively Listed By

  • Stacey Gorman

    Senior Vice President Investments

    (678) 808-2734

    Email Stacey

    License(s): GA: 257960, TN: 00305042

    Atlanta

  • Eric Jones

    Associate

    Email Eric

    License(s): FL: SL3243464, GA: 349578

    Atlanta

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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