$919,000
$999,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
114 E LADY LAKE BLVD Lady Lake, FL 32159
8,448 SqFt
Key Details
Sold Price $919,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Square Footage 8,448 sqft
Price per Sqft $108
Subdivision Lady Lake
MLS Listing ID V4921286
Sold Date 03/18/22
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1987
Annual Tax Amount $7,531
Lot Size 0.670 Acres
Acres 0.67
Lot Dimensions 140x210
Property Description
Fully automated, recurring online payment, multi building Property!! 100% Occupied with waiting list and room to raise rents!! Looking for a low maintenance business investment that practically takes care of itself? This is the one! New rates in place effective Nov 1st 2021).. 2022 ROI will be 7.5%-8%!!!
Concrete Block Construction, Mini Storage 5 buildings, total of 73 units! Located in the growing community of Lady Lake Florida... convenient location.. just off Hwy US 27/ 441.
Well maintained, established mini storage complex, Rental prices currently are approximately 5% under the average rates in the area, room for increases!
Don't miss the opportunity to have great, recession proof, and stable cash flow. Current Owners have the rental process streamlined, tenants can reserve, rent & make payments completely online! Website and automated platform included with sale and no need for onsite manager. Will go fast! Not many opportunities to own such a money maker at this CAP rate!!
All information and measurements are believed to be accurate however, can not be guaranteed. Total 73 units= 17 @ 10x20, 39 @ 9x10, 17 @ 5x10.. Check out the current Storage facility website...easy for tenants to lease, make payments and communicate with Service Reps!
Check out the current Storage user friendly website:https://www.ladylakestorage.com/
Location
State FL
County Lake
Community Lady Lake
Zoning HC
Interior
Heating None
Cooling None
Flooring Concrete
Exterior
Utilities Available BB/HS Internet Capable, Electricity Available, Public
Waterfront false
Building
Lot Description Paved
Foundation Slab
Lot Size Range 1/2 to less than 1
Water Public
Structure Type Concrete
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Ownership Sole Proprietor
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with MAVREALTY