1983 40th Street Northwest, Winter Haven, FL, USA

Orlando, Florida

Orlando CSA | Sunsmart Storage - Winter Haven

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Available Spaces

127 Units

Total Square Feet

±23,180 Gross Rentable SF (storage) | ±36,930 SF (includes parking)

Total Acreage

±1.79 Acres

Asking Price

$1,600,000

Tremendous upside at only 31.34% current occupancy
Priced well below replacement cost at $69 PSF
Diverse Inventory: 127 Units: 86 Storage units of varying sizes, 31 open-air parking and 10 dedicated RV parking spaces | 23,180 Gross Rentable SF (storage) | 36,930 Gross Rentable SF (includes parking)
Centralized Location: Situated in centrally located Polk County, with easy access to major highways connecting to Orlando & Tampa
Strong Local Demographics: Population of 105,030 within 5 miles of the facility
Excellent Visibility: Located along 42nd Street NW with 14,400+ AADT and in close proximity to State Road 544 with 27,000+ AADT
Upside Potential: Potential to increase revenue by continuing lease-up activity and ongoing rental rate adjustments
Development & Expansion Opportunity: The potential for growth is substantial, whether through the construction of conventional storage units or the addition of paved and covered parking spaces
Strong Economy & Rising Population: Winter Haven has a strong tourism industry, with its proximity to Legoland Florida Resort and the Chain of Lakes. The city’s population growth is closely tied to the development in retail, healthcare and light manufacturing sectors