8243 Key Royal Cir Naples FL 34119 MLS #A11629738

Looking for a passive income money-maker? This is 5 storage buildings located off the busiest road in Naples!! Gated HOA takes care of all maintenance such as lawn care and electric. Exclusively for the Tenants inside the Condo complex as well as Laurel Lakes next door.! Currently 69% occupied and performing about a 6.3% cap. Potential for 8/9 cap with proper marketing and incentives to lease vacant units. Able to convert 2 smaller 6x12s and a 12×12 into a large, 12×24 to hold cars or small boats and charge higher rates! No running water or A/C units at this facility. Website, client list, security deposits and owners storage all convey with sale. No storefront or employees needed! Rent Roll, Income statement, Survey are available! PRICED BELOW 2023 $1.15ML