3561 Taylor RdPunta Gorda, FL 33950

Property Details for 3561 Taylor Rd

Lot size

2.67 AC

Property size (Sq ft)

93,431 SF

Property type

Self storage facilities

Description

This exceptional value-add self-storage facility in Punta Gorda, Florida, presents a compelling investment opportunity. Boasting 400 units and 30,336 square feet of net rentable space (93,431 gross square feet including parking) across 2.67 acres, this property offers significant upside potential. The facility features a diverse unit mix, including drive-up and climate-controlled options, plus commercial units and ample parking. Security measures include perimeter fencing, gated entry with internet-based keypad access and 24/7 camera surveillance. The property benefits from a favorable insurance landscape and a strong cash flow, projecting a 9.44% pro-forma cap rate and a 12% cash-on-cash return. Seller financing is available. Strategic location and high demand for storage in Florida, coupled with opportunities to increase occupancy, expand relocatable units, and adjust rental rates, make this a truly attractive investment. The property's well-maintained condition and ease of management further enhance its appeal. The asking price is $4,299,000, with a price per unit of $10,747.50 and a price per square foot of $46. The property's APN is 41-23-16-351-004 and is located at 3561 Taylor Rd, Punta Gorda, FL 33950. This is a gross lease property with multi-tenancy.

Location Insight

City

Punta Gorda

County

Charlotte

State

Florida

Latitude

26.904

Longitude

-82.0203

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