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1241 NW 50th Ave
Gainesville, FL 32609

$1,200,000 USD

Self Storage For Sale  •  11,980 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 11,980 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2005
  • Zoning I1
0 Transit Score
25 Walk Score

Highlights

Seller financing available • 5% Interest only
Excellent return with seller financing: Cash-On-Cash return year 1: 8.46%
Upside potential: Upside through standardizing rents / raising rents to market
Development & expansion opportunity: Further upside through the addition of storage units
Solid inventory: 85 Total storage units | 11,980 SF
Ideal location: Located approximately 4 miles from The University of Florida & 5 miles from the Gainesville Regional Airport

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Gainesville Regional 14 min - 5.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Christopher Travis 407-924-1408 Ripco Real Estate
Christopher Travis 407-924-1408 Ripco Real Estate