406 Race Track Road, Oldsmar, FL 34677, USA

Oldsmar, Tampa

Tampa MSA

Google Map

Available Spaces

144

Total Acreage

1.77

Asking Price

$1,950,000

Seller financing available
Robust cash flow offers an investor a double-digit cash-on-cash return | CASH-ON-CASH RETURN: 10.27%
The potential for growth is substantial, whether through the construction of conventional storage units or the addition of paved and covered parking spaces
With below-market rents relative to comparable boat & RV properties in the area, there is significant opportunity for rent increases over the term of the leases, leading to enhanced returns
The facility enjoys high occupancy rates due to its strategic location in the highly desirable Tampa area, a major hub for outdoor activities & tourism. The region’s popularity for both boating and RV travel makes it an ideal area for year-round demand for storage.
Tampa has experienced rapid population growth in recent years, particularly among affluent retirees and young professionals, creating an expanding customer base for boat & RV storage. Within a five-mile radius of the facility, there is a strong population of 152,938.