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Self-Storage Facility

American Storage

1770 Mayport Rd, Atlantic Beach, FL 32233

Listing Price: $9,400,000

Cap Rate
3.80%
Number of Units
512
Occupancy
93.0%
Rentable SF
50,081
Price/Rentable SF
$187.70
Year Built
1979

Investment Overview

Marcus & Millichap is pleased to offer for sale American Storage located in Atlantic Beach, Florida. This property was built in 1979 and features 512 non-climate-controlled units totaling 50,081 net rentable square feet. This is a stabilized and cash-flowing facility that benefits from a dense, affluent and growing surrounding population. American Storage sits on 3.24 acres of land and is located about 14 miles east of Jacksonville, Florida.

Investment Highlights

  • Jacksonville, Florida Stabilized Self-Storage Offering with Upside
  • 50,081 Net Rentable Square Feet | 512 Units
  • 92.49 Percent Physical Occupancy
  • Below Market Rents

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

American Storage

Listing Price: $9,400,000

Cap Rate
3.80%
Number of Units
512
Occupancy
93.0%
Rentable SF
50,081
Price/Rentable SF
$187.70
Year Built
1979

Investment Highlights

  • Jacksonville, Florida Stabilized Self-Storage Offering with Upside
  • 50,081 Net Rentable Square Feet | 512 Units
  • 92.49 Percent Physical Occupancy
  • Below Market Rents

Investment Overview

Marcus & Millichap is pleased to offer for sale American Storage located in Atlantic Beach, Florida. This property was built in 1979 and features 512 non-climate-controlled units totaling 50,081 net rentable square feet. This is a stabilized and cash-flowing facility that benefits from a dense, affluent and growing surrounding population. American Storage sits on 3.24 acres of land and is located about 14 miles east of Jacksonville, Florida.

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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