Port A Boat & RV Storage

$1,550,000

Key Information

Cap Rate

5.85%

Tot. SF

31,474

Lot Size

3.25 Acres

Units

165

Year Built

1979 / 2025 (R)

Type

Self Storage

Occupancy

64%

NOI

$90,120

Highlights

• Land for expansion remaining on-site
• Attractive double digit returns once stabilized in Year 2, yielding a 10.63% Cap Rate
• Strong population growth at an annual rate of 3.90% within a 3-mile radius over the last 5 years
• Excellent visibility, frontage, and access off State Highway 361, which sees over 8,948 VPD
• Owner-operated facility with minimal advertising and online presence