Tampa Bay Self-Storage Portfolio

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Deal Highlights

  • Rare Opportunity to Acquire Two Self-Storage Facilities in Tampa
  • No New Facilities Planned Within Five Miles of Either Site
  • Expansion Opportunities Available at Each Site, a Scarcity in the Storage Desert Surroundings With No Developments Underway
  • Ability to Raise Rental Rates to Market
  • Significant Renovations Done on Facilities, Ranging from 2018 to 2021, as Denoted in the Gallery Sections
  • Enhance Gains by Collecting Apartment Rental Income; Apartments on the Second Floors are Not Utilized
  • Amplification of Tenant Insurance Currently in Place
  • Parking Space Available for a Truck Rental Program
  • High Physical Occupancy of 92.9 Percent Across the Portfolio
  • Impeccable Locations Off of Tampa’s Major Thoroughfares
  • Situated in Very Dense, Primary Markets With Over 200,000 Individuals and High Household Incomes in a Five-Mile Radius

Deal Type

Portfolio

Price

TBD by Market

Pro Forma NOI

$1,223,983

Total NRSF
101,635 NRSF
Total # of Units
890
Status

Active

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