911 Spratt Blvd, Labelle

Property Details

Long established (1984) self storage facility with consistent earnings. Two separate buildings with a total of 14,400 square feet. Total land of 0.82 fenced acre. Two road frontage entrances with gates. Current actual CAP rate of 9%. Fully rented with several long term customers. U-haul Franchise operating and may be assumed by new owner. Very convenient location near the LaBelle Municipal Airport. Current owner may want to lease back his current unit, which is currently not included in the income data. That would then put this closer to a 10% cap rate investment.

Offered for Sale:  $599,000.00
Status:  Pending
Area:  Labelle
Postal Code:  33935
Property Type:  Commercial Warehouse/Storage

Lot Size: 0.82 Acre

Stephanie Sposato a Weatherford Realty Group Agent

Stephanie Sposato
Phone: 863.612.0000
Mobile: 863.673.2775