$1,499,900

About this property

PRIME INVESTMENT OPPORTUNITY – 8.5% CAP RATE! Pelican Storage Facility offers an exceptional opportunity to acquire a fully leased, income-producing self-storage operation in Bonnyville. Situated on 4.74 acres, the secure, well-lit property features 64 storage units plus 30 Sea Cans, all within a fully fenced site with powered gate and convenient fob access. The sale includes the leasing management software for efficient day-to-day operations. Offering an attractive 8.5% capitalization rate, this turnkey investment provides strong current income with excellent long-term potential. An additional storage yard to the west is available for future expansion, creating an opportunity to increase storage capacity and revenue. A rare opportunity to acquire a well-established, fully occupied storage facility in the growing Lakeland market. (id:66946)