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Self-Storage Facility

Peoples Choice RV & Boat Storage - Punta Gorda

150 Rio Villa Dr, Punta Gorda, FL 33950

Listing Price: $6,950,000

Cap Rate
5.00%
Number of Units
393
Occupancy
98.0%
Rentable SF
171,752
Price/Rentable SF
$40.47
Year Built
2005

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale People's Choice Three Property Portfolio located in Clarksville, Tennessee, Punta Gorda, Florida, and Duncan, South Carolina. These facilities have 1,330 total combined units, totaling 286,449 net rentable square feet. All three locations are all fully secured with gated, keypad entry, on-site management offices, and 24-hour video surveillance. They all benefit from dense and growing surrounding populations. The three locations are all located in busy areas with lots of restaurants, retail stores, residential neighborhoods, and much more. This provides the facilities with high daily traffic counts ranging from 23,800-30,000 cars per day. People's Choice Storage Three Property Portfolio is being offered for $20.8 million or $72.61 per rentable square foot.

Investment Highlights

  • Three Property Self Storage Portfolio
  • Combined 286,449 Net Rentable Square Feet | Combined 1,330 Total Units
  • Mix of Non-Climate-Controlled, Climate-Controlled, and Covered and Uncovered Parking Units
  • Recent Capital Expenditures at All Three Locations

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Self-Storage Facility

Peoples Choice RV & Boat Storage - Punta Gorda

Listing Price: $6,950,000

Cap Rate
5.00%
Number of Units
393
Occupancy
98.0%
Rentable SF
171,752
Price/Rentable SF
$40.47
Year Built
2005

Investment Highlights

  • Three Property Self Storage Portfolio
  • Combined 286,449 Net Rentable Square Feet | Combined 1,330 Total Units
  • Mix of Non-Climate-Controlled, Climate-Controlled, and Covered and Uncovered Parking Units
  • Recent Capital Expenditures at All Three Locations

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale People's Choice Three Property Portfolio located in Clarksville, Tennessee, Punta Gorda, Florida, and Duncan, South Carolina. These facilities have 1,330 total combined units, totaling 286,449 net rentable square feet. All three locations are all fully secured with gated, keypad entry, on-site management offices, and 24-hour video surveillance. They all benefit from dense and growing surrounding populations. The three locations are all located in busy areas with lots of restaurants, retail stores, residential neighborhoods, and much more. This provides the facilities with high daily traffic counts ranging from 23,800-30,000 cars per day. People's Choice Storage Three Property Portfolio is being offered for $20.8 million or $72.61 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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