109 E New Haven Ave - Self-Storage Facilities FOR SALE


Melbourne, FL 32901- Downtown Melbourne
$1,400,000 USD
321-259-5280
109 E New Haven Ave, Melbourne, FL for Sale
$1,400,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | 5% Cap Rate

109 E New Haven Ave
Melbourne, FL 32901
Downtown Melbourne


OVERVIEW

We are excited to present the Oakridge Storage Facility a 17-unit storage facility in the rapidly growing market of Melbourne, Florida. The Oakridge Storage Facility consists of three buildings with ground floor garage bay storage. The storage facility is 100% leased with a waiting list. This is a great opportunity to own a well established turnkey PROFITABLE storage facility maintaining a low expenses ratio that is under 20%. This opportunity provides additional growth potential with untapped storage and office rental opportunities above the main units. Located in the heart of Melbourne, minutes from Downtown Melbourne and Florida Institute of Technology, Oakridge Storage benefits from numerous demand drivers. This property offers a rare opportunity of secure income and expansion of upside potential.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,037 SF

ZONING

CC1

APN/PARCEL ID

28-37-03-55-00002.0-0002.00

ASK ABOUT THIS PROPERTY

Joe InfantinoDenovo RealtyMore Info
321-259-5280

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Joe InfantinoDenovo RealtyMore Info
321-259-5280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.