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2008 Griffin Rd
Leesburg, FL 34748

$1,750,000 USD

Self Storage For Sale  •  20,545 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 20,545 SF
  • Lot Size 3.52 AC
  • Building Class C
  • Year Built 1977
  • Zoning C-2
0 Transit Score
35 Walk Score

Highlights

Robust cash flow offers an investor a strong Cap Rate return | CAP RATE RETURN: 7.25%
250 Units | 20,545 Gross Rentable SF | 60,093 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
The site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
Benefit from a favorable insurance landscape with minimal structural coverage requirements, reducing overall costs
Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
Orlando MSA self-storage opportunity spanning 3.52 acres, strategically located in an area with a population of 61,095 within 5-miles

Amenities

  • Property Manager on Site
  • Air Conditioning

Parking Details

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