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Scenic Self Storage

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UNDER CONTRACT 

All site visits must be scheduled through SkyView Advisors.

Scenic Self Storage is a self-storage property located in Lake Wales, FL. This is an opportunity to own a self-storage property situated on a total of 6.68 acres of land, with a total of 46,170 net rentable square feet, and 303 total units.

Highlights:

  • High physical occupancy with limited economic variance.
  • Current street rates and rent roll severely below market.
  • Tremendous management opportunity to drive ancillary income generators: admin fees, retail sales, truck rental, and tenant insurance.
  • Clear visibility from Scenic Hwy with 13,000+ cars per day.
  • Limited climate controlled space available in sub market.

Property Highlights

Address1130 North Scenic Highway, Lake Wales, FL 33853
Price-
Cap Rate-
NOI$151,863
Net Rentable
Square Foot
46,170 NRSF
Lot Size6.68 AC
Year Built2007
StatusAvailable