Struther's Mini Storage ~ Valparaiso, FL

Special Purpose for Sale
Sale Pending
Catylist Listing ID: 30582042
Status: Pending
Building Size (RSF): 13,600 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $799,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

96 Unit mini storage facility that stays consistently leased at 95% occupied. The facility is made up of 3 metal buildings consisting of 96 individual mini storage units with units sizes varying from 5' x 10', 10' x 10', 10' x 20' and 10' x 30'. Each unit gains access either off of Government Avenue or Detroit Street thru any of the 3 chain link gates along with pedestrian gates. The seller's monthly rate structure is
significantly lower than the comparable properties in the immediate area. See the attached Marketing Flyer. Call / Email for additional information. Additionally, there is an undeveloped pad that could likely add an additional 4500 SF for future use.

Attachments & Media

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 12-1S-23-253E-0022-0050
Property Located Between: Eglin Air Force Base & Destin / Fort Walton Beach Airport
Property Visibility: Excellent
Property Condition: Average
Year Built: 1988
Roof Type: Flat
Parking Type: Structure
Sprinklers: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,283 16,532 35,423
Median Age: 36.15 39.94 41.23
Households: 1,400 6,502 13,992


Photograph of Listing Agent

Brett Stuart

Taylor Allen Properties LLC Gulf Coast CMLS Member
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