Orlando Self Storage - Colonial Drive

The Property was recently converted in 2021 and is comprised of a single two-story building totaling nearly 100,000 rentable square feet across 1,162 climate-controlled units. The facility recently replaced the third-party management company and is currently 41.0% occupied. A new owner would have the opportunity to immediately add value through improving curb appeal, marketing, and operations to improve occupancy. In addition, ECRIs will allow the new owner to continue increasing revenue after reaching physical stabilization. All-in-all, the Offering represents an excellent opportunity to acquire a well located self storage facility in a dense market at a discounted price with large value-add upside.