Contact Agents
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Ray Turchi
Senior Managing Director Investments
[email protected]
Senior Managing Director Investments
[email protected]
(407) 557-3847 (office)
(321) 297-6576 (mobile)
David Vaughan
First Vice President Investments
[email protected]
First Vice President Investments
[email protected]
(407) 557-3829 (office)
(407) 718-2874 (mobile)
Investment Highlights
- Close Proximity to The Villages, FL - The Largest Retirement Community in the Country with Over 119,000 Residents
- Population Of Over 130,000 Within 5 Miles And an Average Household Income of Approximately $80K
- Master Plan for 924 Acres Between C.R. 468 and Lake County Line (Villages of Southern Oaks) – Only 4 Miles South of Subject
- Self-Storage and Warehouse Facilities Providing Traditional Office/Warehouse Space, Workshop/Hobby Shop, Car/RV Storage, and Commercial Storage
- Phase 1: Buildings 1-2 Constructed in 2015
- Phase 2: Buildings 3-4 & 6-10 (Building 5 was Never Built) Constructed in 2017
- Current Occupancy - 98.2% | Submarket Vacancy Rate Under 2% on Average
- Majority of Units Require a Minimum 1-year Lease at Move-in
- Value-Add Upside | Additional Land for Future Development
Key Metrics
Cap Rate Current Year:
7.24%
Price/ Unit
$86,598
Price/ SF
$85.41
Listing Agents:
Ray Turchi
David Vaughan
Ray Turchi
(407) 557-3847
David Vaughan
(407) 557-3829