625 15th Street, Mexico Beach, FL, USA

Mexico Beach, Florida

Florida Panhandle | StoragePUP of Mexico Beach

Google Map

Available Spaces

356

Total Square Feet

70,063

Total Acreage

5.79

Asking Price

$3,944,000

Robust cash flow offers an investor a strong cash-on-cash return | CASH-ON-CASH RETURN: 8.09%
356 Units | 37,974 Gross Rentable SF | 70,063 Gross Rentable SF (includes parking) | Diversified unit mix & air-conditioned units available
Situated on 5.79 total acres spread over 2 properties | Each site is secured with perimeter fencing & gated entry for enhanced safety and the ability to operate remotely
Benefit from a favorable insurance landscape with minimal structural coverage requirements, reducing overall costs
Upside available by stabilizing the occupancy, expansion of relocatable unit business, new on-site development, and ongoing rental rate adjustments
Facilities are fully fenced & gated with 24/7 access, equipped with camera surveillance & keypad entry. Keypad is Internet-based and comes with an app for easy access, allowing customers to rent units and pay their bill.
Each property is strategically designed to maximize rental income & is well-maintained & easily managed
Seller financing available