1600 Village Green Dr Port St. Lucie, FL 34952

This exceptional self-storage investment opportunity in Port St. Lucie, FL, presents a compelling value-add proposition. The property, located at 1600 SE Village Green Dr, 34952, comprises four single-story buildings totaling 26,770 square feet on a 1.67-acre lot. Currently boasting 100% occupancy with 115 units, the facility generates a strong NOI of $315,415, representing a 5.44% cap rate. Significant upside potential exists, with a pro-forma NOI projected at $431,366 and a pro-forma cap rate of 7.44%. Built in 2000 and extensively renovated in 2023, the property features a 14-foot ceiling height and 24 parking spaces. The asking price is $5,800,000, translating to $216.66 per square foot and $50,434.78 per unit. The property benefits from a prime location in a high-traffic area, ensuring strong visibility and accessibility. The facility offers a mix of unit sizes to cater to diverse storage needs. Advanced security systems are in place, contributing to high occupancy rates and customer satisfaction. This turnkey operation presents a rare opportunity for investors seeking a stable, high-performing asset with substantial growth potential in a robust market. The property is offered as a 1031 exchange opportunity.