DEAL SUMMARY

​

List Price:  $1,650,000

NRSF:        15,652

Units:         152

Acres:        1.2

​

INVESTMENT SUMMARY

​

HISTORICALLY HIGH OCCUPANCY // Expanded in 2021 and currently 94% occupied.

​

REMOTELY MANAGED // Property is remotely managed through Easy Self Storage Software.

​

FAVORABLE SUPPLY INDEX // According to Raduis+ there is only one competitor within five miles of Bluff Road Storage.

​

STRONG RENTAL RATES // Current achieved rates in excess of 11.50/foot as of Feb Rent Roll.

​

INVESTMENT HIGHLIGHTS

​

EquiCap Commercial, through ParaSell Inc (FL Broker of Record) is pleased to offer for sale, Bluff Road Storage in Apalachicola, FL.

​

The operation is well located at 1013 Bluff Road with over 220 feet of frontage visible to over 2,000 cars per day. The 1.2 acre parcel is improved with 6 metal buildings and 24 metal Boxwell units and is remotely managed by the owners through their management software provider (Easy Storage Solutions) and rental website.

​

With only one competitor in the five-mile trade area, occupancy at the facility has remained at high levels, currently 94% while yielding in-place rents in excess of 11.50/foot.

​

The opportunity offers an investor the ability to purchase a turn-key operation with in-place cash flow, while allowing for ease of management by building upon the systems that have already been implemented.