Tuesday, April 22, 2014

Marcus & Millichap Arranges Sale of Apollo Beach, FL Mini Storage for $2.15 Million

  
Michael A. Mele
 APOLLO BEACH, FL, April 22, 2014 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Apollo Beach Mini Storage, a 39,310-square foot self-storage facility located in Apollo Beach, Florida, according to Richard D. Matricaria, regional manager of the firm’s Tampa office. The asset sold for $2,150,000.

Luke Elliott, investment specialist and Michael A. Mele, a first vice president investments in Marcus & Millichap’s Tampa office, had the exclusive listing to market the property on behalf of the seller, a limited liability company based in California. 

  The listing agents also procured the buyer of the property, a local private investor.

Apollo Beach Mini Storage is a fully stabilized self-storage facility built in 1999.  The property is located at 313 Apollo Beach Boulevard in Apollo Beach, Florida and consists of 366 units.  

Luke Elliott
There are a total of ten single-story buildings stretching across 2.73 acres of land.  Wide driveways allow for easy unit accessibility, and RV and boat storage is readily available. 

“The strength and volume of offers received on this asset is a testament to the wide range of investors interested in stabilized facilities like Apollo,” says Elliott.


For a complete copy of the company’s news release, please contact:

Richard D. Matricaria
Regional Manager, Tampa

(813) 387-4700

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