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StoragePUP of Mexico Beach

2 Specialty Properties Offered at $3,944,000 in Mexico Beach, FL

Investment Highlights

  • Robust cash flow offers an investor a strong cash-on-cash return | CASH-ON-CASH RETURN: 8.09%
  • Situated on 5.79 total acres spread over 2 properties | Each site is secured with perimeter fencing & gated entry for enhanced safety and the ability
  • Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
  • 356 Units | 37,974 Gross Rentable SF | 70,063 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
  • Benefit from a favorable insurance landscape with minimal structural coverage requirements, reducing overall costs
  • Seller financing available

Executive Summary

Seller Financing Available
Cash-on-Cash Return: 8.09%

Property Facts

Price $3,944,000
Price / SF $199.60 / SF
Cap Rate 7.25%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 19,760 SF
Total Land Area 5.79 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Storage Pup - Boat & RV Storage
1024 15th St, Mexico Beach, FL 32456
Specialty 1,760 SF 2018 -
Space PUP
625 15th St, Mexico Beach, FL 32456
Specialty 18,000 SF 1998 -
Show More > < Show Less
  • Listing ID: 34380518

  • Date on Market: 1/6/2025

  • Last Updated:

  • Address: StoragePUP of Mexico Beach, Mexico Beach, FL

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