1643 SW State Road 26 - Rick's Self Storage
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1643 SW State Road 26 - Rick's Self Storage
Specialty Building
ABOUT 1643 SW State Road 26 , Trenton, FL 32693
Price | Not Individually For Sale | Building Class | B |
Property Type | Specialty | Lot Size | 2.16 AC |
Property Subtype | Self-Storage |
Price | Not Individually For Sale |
Property Type | Specialty |
Property Subtype | Self-Storage |
Building Class | B |
Lot Size | 2.16 AC |
Executive Summary
The subject property consists of 4,000± SF of self-storage space, contributing to a total of 13,000 SF across Sites B and C, all situated on over 2 acres of available parking. Comprising two buildings with a total of 40 units, the property has undergone approximately $20,000 in site improvements. Non-cash enhancements include upgraded signage, a robust presence on Google Maps and Google Reviews, and increased rent, while the auctioning and clearing of abandoned and delinquent units have further optimized operations. With the implementation of electronic contracts and auto-pay systems, as well as remote management capabilities, the property offers streamlined efficiency. Income sources are derived from both self-storage and parking facilities, with considerable value-add opportunities available, such as potential rental increases, the introduction of storage containers, and further expansion possibilities to accommodate additional units.
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