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204 Kelly Road, Niceville 32578 (Active)
Listing Information
| Property Type: Commercial Sale |
| MLS #: | 949532 | Price: | $765,000.00 | Year Built: | Not available | Square Feet: | 19650 | Bedrooms: | Not available | Bathrooms: | Not available |
| HOA Fees: | Not available | Lot Size: | 1.42 acres | Lot Dimensions: | Not available |
Subdivision: Not available
Description:
Value Add investment property in Central Okaloosa County, FL. Boasting a well-maintained 19,650 SF self storage complex boasting 196 units, this facility offers ample space for a thriving Self Storage business. Phase 1 built in 1998 and phase 2 built in 2005, the property is designed to meet the diverse needs of tenants. Zoned C-2 by the City of Niceville, this strategically located asset presents an ideal setting for an owner / investor seeking a robust and lucrative opportunity with tremendous upside. With its strategic location, this property is poised to deliver significant returns. Current rent roll is only at 75% occupied at what I believe are under market rent. This property is all non-climate controlled space.
Photos
Features
Not availableCommercial Features
| Income-Producing Building Square Footage: 19650 | ||
| Income-Producing Price/Square Foot: 40 | Income-Producing Annual Gross Income: 92047 | Income-Producing Expenses: 43495 |
| Income-Producing Net Operating Income: 48552 | Income-Producing Cap Rate: 6 | |
| Income-Producing Property Type: Industrial | Industrial Property Type: Other (See Notes) |
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This listing provided courtesy of Taylor Allen Properties LLC.
This information was last updated on 9/4/2024 8:54:41 PM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.
