FOR SALE

SELF STORAGE

5713 NW 27th Avenue, Miami, FL, 33142

Investment Overview

Miami Self Storage is 100% Vacant property with 422 storage units ready to open for business. Property is Located in an opportunity zone! Central Location will allow for a quick lease up and long term pro forma cap rate 6.5-7%. Property can be operated as a storage facility or removal of units can allow for a big box space/warehouse. Two street level loading doors and 20 Ft. ceilings. Completely renovated in 2019, new roof plumbing electrical all up to code. Large pylon signage available in the front of property and security system in place. Potential to expand with 2nd floor of lockers and outdoor area pods/building. Strong Value Add Component. Miami Self Storage is located in a centralized location allowing for sustainable occupancy and long term growth. This location is minutes from the Miami International airport and Major residential sub markets. Traffic counts of 40k cars daily allow for amazing

exposure

Investment Highlights

  • Value Add Component Through Expansion

  • Opportunity Zone

  • Long Term Pro Forma Cap Rate = 6.5 - 7%

  • 422 unit mix

  • 2 street level loading doors

  • Complete renovation in 2019

  • 100% Climate Controlled Building

  • CBS Construction

  • Ready to open for Business and Ability to add 2nd floor of storage lockers

Exclusively Listed By

Donald Shapiro

Download OM

Donald Shapiro

954-803-9514​

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