102 James St, Venice, FL, USA

Venice, Florida

Venice, FL | Sarasota, FL MSA | The Attic Self-Storage

Google Map

Available Spaces

361 Units

Total Square Feet

20,150 Gross Building Area SF | 13,722 Net Rentable SF

Total Acreage

0.92 AC

Asking Price

$2,017,000

Robust Cash Flow: Offers an investor a healthy return | CASH-ON-CASH RETURN: 9.35% or CAP RATE 9.00% (Adjusted / Underwritten T-12 NOI)
Compelling Upside Potential: Opportunity to increase revenue by standardizing rents and aligning them with current market rates | Additional upside by improving occupancy
Desirable Location: Situated in the highly sought-after North Port-Bradenton-Sarasota Metropolitan Area | Strong local demographics with a population of 89,851 and an Average Household Income of $128,932 within a 5-mile radius
Easy Access to Highways: Positioned directly adjacent to the Venice Bypass, benefiting from 39,500+ vehicles per day (AADT) | Just 5 miles to Interstate 75, offering convenient regional connectivity
Turnkey Income Asset | Low-Maintenance Advantage: Strategically designed to maximize rental income, with a well-maintained property that is easy to manage