141 Commerce Blvd, Port St. Joe, FL, USA

Port St. Joe, Florida

Best American Storage | Port St. Joe, FL | Florida Panhandle

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Available Spaces

308 Total units

Total Square Feet

Total Gross Rentable SF: 73,600 SF (includes parking)

Total Acreage

6.71

Asking Price

$6,450,000

Well-Managed & Maintained: Stabilized self-storage facility located in the Florida Panhandle
Expansive Inventory: 308 Total units | 73,600 SF Gross Rentable SF (includes covered & open air parking)
Development Opportunity: National and custom home builders currently delivering several single family and multifamily housing communities into the immediate area
Diversified Unit Mix: Facility is comprised of climate-controlled & standard self-storage units, garage space, open parking and covered boat storage spaces
Value-Add Capitalization: Cap Rate of 6.87% in year 1
Upside Potential: Upside through standardizing rents / raising rents to market
Financing Opportunity: See agent about cross-collateralization opportunity through RIPCO Debt & Structured Finance team