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KEYSTONE HEIGHTS, FL  |  STARKE, FL

ACCESS OM & DEAL ROOM
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LIST PRICE

$6,780,000

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IN-PLACE T-12 CAP RATE

7.00%

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NRSF

±44,111 SF

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CURRENT NOI

$474,099

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FACILITY NAME KO Storage Portfolio
ADDRESSES 7350 State Rd 100 & 7378 Sunrise Blvd  - Keystone Heights, FL

1029 SE State Rd 100 - Keystone Heights, FL

1650 S Walnut St & 143 SE 146th Terrace - Starke, FL
NRSF ±44,111 SF
IN-PLACE T-12 CAP RATE 7.00%
CLIMATE CONTROLLED UNITS 49
NON-CLIMATE CONTROLLED UNITS 359
PARKING SPACES 10
OFFICE SUITES 7
NUMBER OF BUILDINGS 14
YEARS BUILT 1977-1994

 

1029 STATE ROUTE 100

7350 STATE RTE 100 & 7378 SUNRISE BLVD

1650 S WALNUT ST & 143 SE 146TH TERRACE

INVESTMENT HIGHLIGHTS:

  • Listed at a very attractive day-1 yield at a 7.00% cap rate on T-12 NOI
  • Upside remaining in improved occupancy, presenting the opportunity to hit a 9.14%+ Year 2 Cap Rate
  • Efficiently managed portfolio with one manager overseeing all three sites for $32k per year
  • Strong traffic counts for each location at 12,000 Vehicles Per Day (VPD) for the Keystone Heights locations, and 32,000 VPD for Starke
  • ±1.79 acre vacant piece land ready for expansion at the 7350 State Rte 100 location
  • Limited competition in these sub-markets with zero professional management
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ACCESS OM & DEAL ROOM
EXCLUSIVELY LISTED BY:
austin mcleod headshot 2024 circle

AUSTIN MCLEOD
Senior Vice President & Associate Director
 
DIR +1 (404) 445-1093
MOB +1 (678) 576-1780
License No. SL3600044 (FL)
 
BROKER OF RECORD

Kyle Matthews

License No. CQ1066435 (FL)