Southeast Self Storage
440 Turnbull Bay Road, New Smyrna Beach, Florida 32168
Sold: $400,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
8,451 sqft
Land Size
0.43 acres
Zoning
I-2
Year Built
1979
Cap Rate
7.26%
Property Description
- Great New Smyrna Beach LOCATION!!
- Self Storage – High occupancy!
- Cap Rate 7.26%.
- Two Buildings; 3,451 SF and 5,000 SF totaling 8,451 SF.
- 66 Self-Storage units - Building #1 has 1 unit for Management o?ce and 29 units, Building #2 has 37 units.
- Built with concrete block with a metal roof on Building #1 and a shingle roof on Building #2.
- New roof on Building #1 in 10/2021.
- Two parcels totaling 18,825 SF (0.43+- Acres).
- Newly painted and well kept.
LOCATION DESCRIPTION
- From N. Dixie Freeway (US Highway 1) travel west on Turnbull Bay Road.