For sale: Small Self Storage - Greenville, FL

[Jeff Herda]

Hey everyone! 

I'm helping sell one of my business consulting client's properties. It is a small self-storage facility in Greenville, FL. 

Some quick info on it:

-4,000 SF on 1 Acre

-Has an abandoned car wash (owner working a month-to-month lease to rent this out at $600/mo)

-75% Occupied (was over 90% before kicking out non-paying tenants)

-About 55% below local rent rates

-Only Storage facility in 12 miles (Apartment complex 0.1miles away on same road & has a Dollar General dianglely across the street)

-Street traffic over 14,000 AADT

-Currently grossing $3,828 for April (May's report is waiting for cash collections to finalized.) [This does not include the $600/mo]

There is a lot of upside; 4 sided billboard (est @ $200/mo per side) & the $600/mo rental of car wash. That does not include the occupancy increase, nor the increase in rental rates. 

The Seller has asked me to list it at $495,000. He wants this to close by August 1, 2024! He is very negotiable on the price; Just no seller financing available.

If you'd like to know more, see the images below. To get a PDF version of this please click this link!

Feel free to reach out to me with any and all questions!

Jeff Herda

Prestige Consulting

414-217-7632

[email protected]