507 SE 6TH STREET

Great investment package. Two side-by-side parcels. This property features a 56-unit storage facility, the additional parcel has two metal warehouses with 4400 SF total. The family-owned independent storage facility is 8750 SF and sits on 0.63 acres with 56 storage units; five sizes to choose from. Rarely is there more than one or two units available at any give time with vacancy rates below 2%. Cap rate is 7.88%. All units are climate controlled. Prices are below market rents and below the two in-town competitors. No onsite personnel is needed. Building access and monthly payments are granted via a cloud based application that has been purchased outright and does not require a monthly subscription fee for the buyer. Utilities are city water and sewer. The adjoining parcel has two metal warehouses, 2400 and 2000 SF, a fenced storage lot and a 725 SF concrete block office/storage facility on 0.77 acre. Owner prefers to sell both parcels as a package and would consider owner financing. Just 20 minutes from Gainesville and Ocala. See OM#OM657901