All site contact or visits must be scheduled through SkyView Advisors.
Great Space Storage is a self-storage facility located in Bonita Springs, Florida. This is an opportunity to own a facility situated on 2.91 acres of land, with a total of 40,230 net rentable square feet. Built in 1991, the facility has 136 climate-controlled units, 193 non-climate controlled units, 17 spaces for boat and vehicle parking, and 2 apartments. The five year population growth potential within a 3-mile radius is estimated to be 13.15%, and 13.84% within a 5-mile radius.
- Market rents are below market standards.
- Rent variance can be captured to improve monthly collections.
- The property is located on a main road with high visibility. There are approximately 16,900 cars that pass by the property on a daily basis.
- Ancillary income generators such as admin fees and tenant insurance can be improved to boost income.
- Popular destination for retirees and vacationers with the tropical climate, beach town feel and upscale communities.
- The city of Estero, which is located about 15 minutes away from Bonita Springs is home to two large shopping centers, Gulf Coast Town Center and Coconut Point, as well as the Hertz headquarters.