Stabilized Self Storage In Homosassa

Description

Homosassa Storage is a well-maintained and stabilized self-storage and RV and boat parking facility located on Florida's Gulf Coast, offering consistent income and opportunities for operational growth. The property includes 485 total units consisting of 175 non-climate-controlled units, 190 climate-controlled units, and 120 uncovered RV and boat parking spaces. The facility features approximately 50,700 square feet under roof and approximately one acre dedicated to outdoor parking.Situated on approximately 5.43 acres, the property is secured with perimeter fencing, gated access, and an on-site sales office, supporting both security and efficient operations.The facility consists of seven single-story buildings. Three buildings were constructed in 2000, while four additional buildings were added between 2018 and 2023, providing modern construction and infrastructure.Located in Homosassa, Florida, the property benefits from demand generated by local residents, visitors, and boating enthusiasts. The area's coastal attractions, including sport fishing, waterfront parks, and the renowned Ellie Schiller Homosassa Springs Wildlife State Park, contribute to consistent local and seasonal demand for storage services.Opportunities for future growth include increasing below-market rental rates and implementing self-management strategies to improve cash flow. Florida's favorable tax environment, combined with strong storage demand driven by limited basement and attic storage options in residential properties, further supports the investment opportunity.