374 Roosevelt Trl Naples, ME 04055
- Self storage facilities
- 37,500 SF
- 5.27 lot acres
Current Use by Public Records
- Roosevelt Self Storage - Naples / Storage Facility
Property Details for 374 Roosevelt Trl
- Year built
- 2023
- Lot size
- 5.27 lot acres
- Property size
- 37,500 SF
- Property type
- Self storage facilities
Description
This exceptional investment opportunity presents a brand-new, 37,500-square-foot self-storage facility situated on a 5.27-acre lot in Naples, Maine. Built in 2023, this Class B property boasts 211 units currently operating at 50% occupancy, offering significant upside potential. The six-building complex is zoned for commercial use and benefits from its location in a rapidly developing area of Naples, known for its proximity to Sebago Lake, Brandy Pond, and Long Lake. The property's current multi-tenant occupancy stands at 211 tenants. The asking price is $3,900,000. This value-add investment is ideal for a 1031 exchange, offering easy management and significant long-term growth prospects due to the minimal deferred maintenance and prime location within a thriving community experiencing substantial residential and commercial growth. The net rentable square footage is 37,500 square feet. This represents a compelling opportunity to acquire a high-potential self-storage asset in a desirable market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Naples
- County
- Cumberland
- State
- Maine
- Longitude
- -70.58045896664
- Latitude
- 43.965880864494
