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2645 Dobbs Road - Dobbs Road Self Storage, Saint Augustine, FL

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2645 Dobbs Road - Dobbs Road Self Storage

Saint Augustine, FL 32086 - St Johns County Submarket

Property Type:Specialty Sub Type:Self-Storage Status:Existing Year Built:2001
Stories:1 Typical Floor:12,500 SF Building Size:12,500 SF
For Sale Price:$1,125,000 Price/SF:$90.00
Cap Rate:7.00 %

Sale Notes:
Self storage facility located in the heart of St. Augustine near major trade corridor and high demographics. The area offers high barriers to entry for new development due to rising land cost, development cost, and stringent building codes in St. Johns County.

-Secure fenced in complex with security cameras
-Management office that can be used as additional climate controlled units or live on premises manager.
-Perfect for an owner operator who'd like to create easy supplemental income
-Proforma cap rate after rates are stabilized to market
-Easy access
-Well maintained with minimal expense to upkeep

Unit Mix
-64 5'x10' units
-58 10x10' units
-7 20'20' units
-2 Climate controlled 10'x16' units
-10 Outside storage spaces

Prime Realty, Inc.
Eric Bumgarner
(904) 647-2355

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