1031 MLS

ExampleThis is an example listing, published by 1031 MLS to show how a property appears here. The property does not exist, the photographs are computer-generated, and there is no seller to contact. It is kept out of search engines, buyer matches and saved-search alerts.

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Self storage
Relinquished property

Climate-controlled self-storage facility

Ocala, FL (approximate)

6.4% cap rate

Confirmed today

Rows of uniform roll-up storage doors along a wide clean drive aisle
Rows of uniform roll-up storage doors along a wide clean drive aisle

Overview

412 units across six single-storey buildings, 118 of them climate-controlled, on a 5.2-acre site with room for a seventh building on the graded pad at the rear. Gated access with keypad entry and full camera coverage. Physical occupancy 89% with street rates raised twice in the last eighteen months and existing tenants not yet marked up. This is an example listing published by 1031 MLS to demonstrate the site. The property does not exist and is not for sale.

Property details

The deal

Property type
Self storage
Subtype
Single-storey drive-up
Occupancy
89%

Income

Cap rate
6.4%
Net operating income
$336,000

Building

Building area
58,400 sf
Lot size
5.2 acres
Units
412 units
Year built
2015

Exchange notes

The unbuilt pad is expansion, not repair — a buyer treating it as improvement property should price the construction inside the 180 days rather than after.

Location

Address protected

This listing shows an approximate area only. The seller has chosen to keep the exact street address private.

The precise address is released to you when the seller accepts your inquiry.