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INVESTMENT OVERVIEW
The Storage Place at Avon Park Value-Add facility consisting of 20,450 NRSF among 157 total units. Included is a mix of 86 Climate Controlled Units, 64 Drive Up Units ranging from 25-300 SF, 6 parking spaces and one 1,200 SF commercial space that is currently vacant, offering immediate upside. The facility features a spacious well-appointed leasing office, and keypad gate access with no immediately necessary capital expenditures.
Currently, The Storage Place at Avon Park is at 83% Physical Occupancy, while achieving excellent in-place rents of $1.15 PSF, offering considerable upside through lease-up of the remainder of the facility while the smaller size footprint will allow for an abbreviated timeline to reach stability.
INVESTMENT HIGHLIGHTS
20,450 NRSF | 157 Units
Strong In-Place Rates of $1.15 PSF
FACILITY SUMMARY
| Property Name: | The Storage Place at Avon Park |
| Address: | 395 County Rd 17A W, Avon Park, FL 33825 |
| County: | Highlands |
| Land Size: | 1.76 Acres +/- |
| Storage NRSF: | 20,450 NRSF |
| Total Units: | 157 UNITS (86 Climate | 64 Drive Up | 1 Commercial | 6 Parking) |
| Units Sizes: | 25 – 1,200 SF |
| Physical Occupancy: | 83% |
| Economic Occupancy: | 79% |
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735 Arlington Ave N, Suite 205
St. Petersburg, FL 33701
727.219.9051
FL License #CQ1059487