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114 E LADY LAKE BOULEVARD

Commercial Recently Sold
$919,000

BTC: 9.88161311

ETH: 273.51190476

Sold on: 2022-03-18
58 days
0 room(s)
8,448 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Fully automated, recurring online payment, multi building Property!! 100% Occupied with waiting list and room to raise rents!! Looking for a low maintenance business investment that practically takes care of itself? This is the one! New rates in place effective Nov 1st 2021).. 2022 ROI will be 7.5%-8%!!! Concrete Block Construction, Mini Storage 5 buildings, total of 73 units! Located in the growing community of Lady Lake Florida... convenient location.. just off Hwy US 27/ 441. Well maintained, established mini storage complex, Rental prices currently are approximately 5% under the average rates in the area, room for increases! Don't miss the opportunity to have great, recession proof, and stable cash flow. Current Owners have the rental process streamlined, tenants can reserve, rent & make payments completely online! Website and automated platform included with sale and no need for onsite manager. Will go fast! Not many opportunities to own such a money maker at this CAP rate!! All information and measurements are believed to be accurate however, can not be guaranteed. Total 73 units= 17 @ 10x20, 39 @ 9x10, 17 @ 5x10.. Check out the current Storage facility website...easy for tenants to lease, make payments and communicate with Service Reps! Check out the current Storage user friendly website:https://www.ladylakestorage.com/

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1987
Lot:
0.67 Acres
Heating:
None
Price/sqft:
$118
Cooling:
None
HOA:
No Data
All facts and features
  • Flooring

    • Concrete

    Heating

    • None

    Cooling

    • None

  • Lot

    • Lot: 0.67 Acres

    Other Property Information

    • Parcel Number: 201824040000003000

    • Zoning: HC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Warehouse

  • Utility

    • BB/HS Internet Capable

    • Electricity Available

    • Public

  • Other financial information

    • Annual tax amount: $7,532

  • Source details

    • MLS ID: V4921286

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Living Area: 8448

    • Water Source: Public

    • Lot Size Dimensions: 140 x 210

    • Subdivision Name: LADY LAKE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ADAMS, CAMERON & CO., REALTORS