Turnkey Fully-Leased Storage Facility
820 E Lincoln Ave, Melbourne, FL, 32901
Property Details
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Price:
$3,999,999
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Property Type:
Storage
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Availability:
Available
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Transaction Type:
For Sale
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Building Size:
21,940 SF
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Year Built:
1979
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No. Stories:
1
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Tenancy:
Multi Tenant
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Zoning Description:
C-1 Neighborhood Commercial District
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APN/Parcel ID:
28-37-03-FC-29-2
Property Description
Turnkey Fully-Leased Storage Facility
- The facility is fully automated with management & marketing teams in place. A low-risk hands-off investment.
- All new capital improvements including – new roof, paint, asphalt, garage doors, & gates.
- Positioned on Lincoln Ave, just blocks from downtown Melbourne.
- Constructed with CBS and equipped with spacious rollup doors, this property is comprised of 7 buildings featuring 94 units.
- Unit sizes vary from 200 sf to 600 sf.
- Ideally situated in close proximity to US1 & New Haven Ave, a short distance from downtown Melbourne and under 3 miles from Indialantic.
Financial Summary
Investment Highlights
| Price |
$0.00 |
| Price / Unit |
$0.00 |
| Gross Rent Multiplier |
0.00 |
| Proposed Loan Amount |
$0.00 |
| Initial Investment |
$0.00 |
Income & Expenses
Expense
|
Potential
|
Current
|
Total Expenses
|
$ 0.00
|
$ 0.00
|
| Net Operating Income |
$0.00 |
$0.00 |
| Less Debt Service |
$0 |
$0 |
| Potential Net Cash Flow |
$0.00 |
$0.00 |
| Cash on Cash Return |
0.00 % |
0.00 % |
| Capitalization Rate |
0.00 % |
0.00 % |
Rent Roll
Unit
|
BR/BA
|
Current Monthly Rent
|
Potential Monthly Rent
|
Status
|
Lease Expires
|
Totals
|
$ 0.00
|
$ 0.00
|
