507 6Th St Williston, FL 32696

This exceptional self-storage investment opportunity in Williston, Florida, presents a fully stabilized, climate-controlled facility boasting a 9% cap rate (Year 1). Situated on 1.4 acres encompassing two parcels, the property comprises 13,875 square feet of space, including 8,750 square feet of climate-controlled storage units (95% occupied, with a waiting list) in a single-story building constructed in 2007. Three additional warehouse buildings totaling 5,125 square feet offer versatile space, currently partially leased (2-year lease commencing March 2024), with potential for conversion to additional climate-controlled storage. These buildings feature an office, two bathrooms, electric roll-up bay doors, electric hookups, and air compressors. Buildings 2 and 3 have recently received new metal roofs, and Building 2 has had its exterior metal replaced. The property also includes space for up to 20 boat/RV parking spaces or Boxwell units, with current marketing efforts underway (May 2024). The facility is remotely managed and features keypad entry for customer access. The current economic occupancy is 78%, indicating significant upside potential. The seller is offering attractive owner financing: 50% at 6% interest for 14 years. This presents a compelling opportunity for investors seeking a high-return, low-management self-storage asset in a growing Florida market with proximity to Gainesville and Ocala. The property includes 56 climate-controlled units across seven buildings.