2071 Wisteria StEnglewood, FL 34224

Property Details for 2071 Wisteria St

Year built

1979

Lot size

2.58 AC

Property size (Sq ft)

2,680 SF

Property type

Self storage facilities

Description

This exceptional investment opportunity presents a stabilized, value-add self-storage facility in Englewood, Florida. The property, J&D Storage of Englewood, encompasses 2.58 acres and features 143 units, including 142 uncovered parking spaces dedicated to boat and RV storage, plus one occupied warehouse. Built in 1979 and renovated in 1992, the facility boasts a 94% occupancy rate and a strong 9.98% cap rate, with an asking price of $2,254,000 ($15,762 per unit). The property benefits from abundant LED lighting and gated entry, providing a secure environment for tenants. Located at 2071 Wisteria St, Englewood, FL 34224, this property offers significant upside potential through below-market rents and the possibility of constructing additional conventional storage units or expanding paved and covered parking. The Englewood location, within the Bradenton-Sarasota-Venice MSA, is easily accessible from nearby Tampa and Fort Myers, and benefits from the area's thriving tourism and recreational activities, including seven boat launches within a ten-mile radius. The total square footage ranges from 2,680 to 61,880 square feet. This is a multi-tenant, gross lease property with a strong track record and significant growth potential. The property's APN is 412004381002.

Location Insight

City

Englewood

County

Charlotte

State

Florida

Latitude

26.9335

Longitude

-82.3143

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