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43rd Street Self Storage

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All site visits must be scheduled through Skyview Advisors.

43rd Street Self Storage is a self-storage property located in Gainesville, FL. This is an opportunity to own a self-storage property situated on a total of 5.12 acres of land, with a total of 75,548 net rentable square feet, and 558 total units.

Highlights:

  • Strong historical performer—physical occupancy at 98% and economic occupancy at 92%.
  • Approximately $5,400 per month variance in current roll with the opportunity to increase rental rates as much as 7%.
  • 67% of current tenant base average stay length between two and ten years.
  • Exceptional asset quality and prime location between two major intersecting roads with combined traffic counts exceeding 29,000 vehicles per day.
  • Ancillary income generators such as retail sales, admin fees, and truck rental can be improved to boost monthly collections.

Property Highlights

Address9417 NW 43rd St. Gainesville, FL 32653
Price-
Cap Rate-
NOI$564,998
Net Rentable
Square Foot
75,548
Lot Size5.12 AC
Year Built2000-2001
StatusAvailable