1807 SANTA BARBARA BLVD N

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1807 SANTA BARBARA BLVD N

CAPE CORAL, FL 33991
Asking Price
Contact for price
Asset Type
Self-storage
Class
Class B

What's Special

Fully Entitled, Permit-Ready Self-Storage Development Site <ul><li>​Fully Entitled, Permit-Ready Self-Storage Development Site on 2 acres in Cape Coral, Florida</li><li>​Approved for a 3-Story, 87,000 GSF | 67,750 RSF Facility featuring 681 climate-controlled units</li><li>​Direct Frontage on Santa Barbara Blvd with 16,100 vehicles per day</li><li>​No existing self-storage facilities within a 2-mile radius</li><li>​Strong residential density with approximately 60,000 residents and Average Household Income of $103,000 within a 3-mile radius</li><li>​Stra

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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