Remarks

We are excited to present the Oakridge Storage Facility a 17-unit storage facility in the rapidly growing market of Melbourne, Florida. The Oakridge Storage Facility consists of three buildings with ground floor garage bay storage. The storage facility is 100% leased with a waiting list. This is a great opportunity to own a well established turnkey PROFITABLE storage facility maintaining a low expenses ratio that is under 20%. This opportunity provides additional growth potential with untapped storage and office rental opportunities above the main units. Located in the heart of Melbourne, minutes from Downtown Melbourne and Florida Institute of Technology, Oakridge Storage benefits from numerous demand drivers. This property offers a rare opportunity of secure income and expansion of upside potential.

Details

MLS#: 1029526
Price: $1,400,000

Style: Mixed Use
Sq Ft: 6839
Year Built: 2008

County: Brevard
Tax Fee: 9640.8400000000001