6851 NW 135th Ln - Rick's Self Storage
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6851 NW 135th Ln - Rick's Self Storage
Specialty Building
ABOUT 6851 NW 135th Ln , Chiefland, FL 32626
Price | Not Individually For Sale | Property Subtype | Self-Storage |
Property Type | Specialty | Lot Size | 1.78 AC |
Price | Not Individually For Sale |
Property Type | Specialty |
Property Subtype | Self-Storage |
Lot Size | 1.78 AC |
Executive Summary
The subject property features a total of 9,000± SF of self-storage space, contributing to a combined 13,000 SF across Sites B and C, all situated on over 2 acres of available parking. This property includes three buildings with a total of 82 units, having benefited from approximately $20,000 in site improvements. Non-cash enhancements such as added signage, improved visibility on Google Maps and Google Reviews, and strategic rent increases have further strengthened its appeal. The successful auctioning and clearing of abandoned and delinquent units, alongside the adoption of electronic contracts and auto-pay systems, have streamlined operations and reduced cash handling. Remote management capabilities ensure efficient oversight. Income is generated from both self-storage and parking, with significant value-add opportunities available, including potential rental increases, the addition of storage containers, and the prospect of developing 60,000 square feet of new construction for self-storage, making this an attractive investment.
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