$1,600,000 USD
407-924-1408
SunSmart Storage - Winter Haven
Winter Haven, FL
Winter Haven/Lake Wales
HIGHLIGHTS
- Priced Well Below Replacement Cost at $69 PSF | Tremendous upside at only 31.34% current occupancy
- Diverse Inventory: 127 Units: 86 Storage units of varying sizes, 31 open-air parking and 10 dedicated RV parking spaces
- 23,180 Gross Rentable SF (storage) | 36,930 Gross Rentable SF (includes parking)
- Centralized Location: Situated in centrally located Polk County, with easy access to major highways connecting to Orlando & Tampa
- Excellent Visibility: Located along 42nd Street NW with 14,400+ AADT and in close proximity to State Road 544 with 27,000+ AADT
- Strong Local Demographics: Population of 105,030 within 5 miles of the facility
OVERVIEW
Addresses:
1983 & 1987 40th Street Northwest, Winter Haven, FL 33881
1900 & 1912 42nd Street Northwest, Winter Haven, FL 33881
Total Lot Size (4 Parcels): 1.79 acres
Gross SF (Storage): 23,180 SF
Gross SF (Parking): 13,750 SF
Gorss SF (Storage + Parking): 36,930
Current Cap Rate: 3.42%
Year 1 Cap Rate: 8.00%
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407-924-1408
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407-924-1408
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