100% Air Conditioned Self Storage Facility with Real Estate

Clearwater, FL (Pinellas County)

100% Air Conditioned Self Storage Facility with Real Estate

Asking Price:$799,000

Cash Flow:$75,000

Gross Revenue:$135,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Real Estate:$675,000

Established:2004

100% Air Conditioned Self Storage Facility with Real Estate

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Business Description

100% Air conditioned self storage facility with 190 storage units and 225 mailboxes for additional income. Occupancy rates have stayed at 90-95%. 2016 sales were $135,000 which could be increased with owner operator as well as rental rate increases as current pricing has remained the same since 2007! Storage units range in size from 4x4 to the largest at 12x12. Limited operating hours Monday-Saturday 10 AM to 5 PM and Sundays 12 PM to 4 PM. Possible additional income with truck/trailer rental. Key less entry to storage units. Real estate included in sales price.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
14,941
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
100% Air Conditioned Self Storage facility with 190 storage units and 225 mailboxes for additional income. Real estate is included in the sales price. 14,941/SF Industrial/warehouse building converted to self storage. The building is on .98 acres with 130 feet of frontage located in a vibrant mid Pinellas County Industrial Park. The building was built in 1977 with a new roof and HVAC in 2008.
Growth & Expansion:
Pricing has remained the same since 2007 so this is an opportunity to increase revenue. Add truck/trailer rental for additional income. Hours of operations are limited therefore with an onsite owner could increase sales. Current owner does very little advertising, a new buyer could increase awareness by more advertising.
Support & Training:
Owner will provide two weeks of training to assist the buyer
Reason for Selling:
Other business interests

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Chris Shryock

Business Listed By:
chris shryock

CR Commercial Realty, Inc.

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