4870 20th St - Self-Storage Facilities FOR SALE


Vero Beach, FL 32966
$2,174,000 USD
914-365-0752
4870 20th St, Vero Beach, FL for Sale
$2,174,000 USD
Self-Storage Facilities - FOR SALE
1/14
null | Request Cap Rate

4870 20th St
Vero Beach, FL 32966


OVERVIEW

- Recently-Stabilized Self Storage Facility Comprised of 182 Non-Climate Units Totaling 17,390 Net Rentable Square Feet - Opportunity to Increase Revenue Through Implementation of Existing Customer Rent Increases and the Collection of Tenant Insurance Income - Facility is an Excellent Candidate for Remote Management With Automatic Gate, Keypad Entry, and Management Software Already in Place - Recent Cap/Ex Improvements Include New Exterior Lighting, Roof Repairs, Internet Installation, and Upgrades to Security Cameras, Gate, Fence, and Gate Keypad - Dense Population Numbers of 45,636 Residents Within Three Miles of the Property and 95,075 Residents Within Five Miles of the Property - Strong Average Household Income of $85,711 Within Five Miles of the Property - Booming Population Growth of 2.4% Annually Since the 2020 Census Within Five Miles of the Property - Vero Beach is Located Along Florida's Atlantic Coast Approximately 65 Miles North of West Palm Beach and is Home to 16,800 Residents - The Sebastian-Vero Beach-West Vero Corridor MSA is Home to a Rapidly Growing Population of 169,795 Residents

FOR SALE DETAILS

PRICE

$2,174,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Extra Space Storage (Managed)

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

CL

APN/PARCEL ID

33-39-04-00001-0070-00007.1

ASK ABOUT THIS PROPERTY

David PerlleshiFranklin StreetMore Info
914-365-0752

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David PerlleshiFranklin StreetMore Info
914-365-0752

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