Lady Lake, FL 32159,114 E LADY LAKE BLVD
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Lady Lake, FL 32159,114 E LADY LAKE BLVD
Lady Lake, FL 32159,114 E LADY LAKE BLVD
Lady Lake, FL 32159,114 E LADY LAKE BLVD
Lady Lake, FL 32159,114 E LADY LAKE BLVD

$919,000

Est. payment /mo

$999,000

8.0%
Est.Price: ?

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114 E LADY LAKE BLVD Lady Lake, FL 32159

8,448 SqFt

SOLD DATE : 03/18/2022

Key Details

Sold Price $919,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

Square Footage 8,448 sqft

Price per Sqft $108

Subdivision Lady Lake

MLS Listing ID V4921286

Sold Date 03/18/22

Construction Status Appraisal,Financing,Inspections

HOA Y/N No

Year Built 1987

Annual Tax Amount $7,531

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 140x210

Property Description

Fully automated, recurring online payment, multi building Property!! 100% Occupied with waiting list and room to raise rents!! Looking for a low maintenance business investment that practically takes care of itself? This is the one! New rates in place effective Nov 1st 2021).. 2022 ROI will be 7.5%-8%!!!

Concrete Block Construction, Mini Storage 5 buildings, total of 73 units! Located in the growing community of Lady Lake Florida... convenient location.. just off Hwy US 27/ 441.

Well maintained, established mini storage complex, Rental prices currently are approximately 5% under the average rates in the area, room for increases!

Don't miss the opportunity to have great, recession proof, and stable cash flow. Current Owners have the rental process streamlined, tenants can reserve, rent & make payments completely online! Website and automated platform included with sale and no need for onsite manager. Will go fast! Not many opportunities to own such a money maker at this CAP rate!!

All information and measurements are believed to be accurate however, can not be guaranteed. Total 73 units= 17 @ 10x20, 39 @ 9x10, 17 @ 5x10.. Check out the current Storage facility website...easy for tenants to lease, make payments and communicate with Service Reps!
Check out the current Storage user friendly website:https://www.ladylakestorage.com/

Location

State FL

County Lake

Community Lady Lake

Zoning HC

Interior

Heating None

Cooling None

Flooring Concrete

Exterior

Utilities Available BB/HS Internet Capable, Electricity Available, Public

Waterfront false

Building

Lot Description Paved

Foundation Slab

Lot Size Range 1/2 to less than 1

Water Public

Structure Type Concrete

New Construction false

Construction Status Appraisal,Financing,Inspections

Others

Ownership Sole Proprietor

Special Listing Condition None

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Stellar MLS
Listed by ADAMS, CAMERON & CO., REALTORS
Bought with MAVREALTY

Richard Hehl

Broker Associate | License ID: 3000622

+1(727) 458-3463

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