Self Storage Details
- Purchase Method: Cash
- Number of Storage Units: 78
- Acreage: 2 acre(s)
- Occupancy: 100%
- Year Built: 1985
- Cap Rate: 7.4%
- Listing ID: 675719
- Posted On: Jun 9, 2016
- Updated On: Aug 31, 2016
Description
FOR SALE: Hideaway RV Storage in Naples, FL. Near downtown Naples and across from Naples Airport, this 1.59 AC parcel is already developed and running at full capacity. Rarely a vacancy due to the high demand from Naples residents.
Site consists of 78 covered parking spaces as well as additional outdoor, uncovered storage. Some spaces as long as 45'. All spaces have separate 60 AMP RV meters receptacles and a 110 volt duplex plug.
24 hour access is available with a gate code. Onsite property manager. Constructed from 1985 through 1999.
NOI is currently running at $156,178 (6/1/16). Please contact listing agents, Christine McManus, CCIM, SIOR and Bill Gonnering, CCIM, SIOR for complete disclosure of financial statements and rent roll. 239-261-3400 ext. 163 and ext. 162 respectively.
Financial Information (Actual)
| Gross Income: | $212 |
| Operating Expense: | $49 |
| Net Operating Income: | $162 |
| Expense Ratio: | 23.1 % |