Advantages Of Buying Properties Through AGI

Prime Value-Add Self-Storage Investment Opportunity in Winter Haven, FL

This self-storage property presents a tremendous value-add opportunity in the heart of Polk County, FL, with an impressive upside potential given its current occupancy of only 31.34%. With a diverse inventory of 127 total units—including 86 storage units of various sizes, 31 open-air parking spaces, and 10 dedicated RV parking spots—the property offers 23,180 rentable square feet for storage and a total gross rentable square footage of 36,930 SF, inclusive of parking.

Strategically located in Winter Haven, the site benefits from a centralized position with easy access to major highways connecting to both Orlando and Tampa. It is situated along 42nd Street NW with an AADT (Annual Average Daily Traffic) of 14,400+, and it is also near State Road 544, which sees over 27,000+ AADT—providing excellent visibility and high traffic exposure.

The facility is surrounded by strong local demographics, with a population of 105,030 within just five miles. This, combined with Winter Haven’s robust economy—anchored by a thriving tourism industry, proximity to Legoland Florida Resort, and the popular Chain of Lakes—makes it an ideal location for growth and increased occupancy. The area is also seeing continuous expansion in retail, healthcare, and light manufacturing sectors.

The self-storage property spans 1.79 acres and consists of multi-tenant buildings built between 1960 and 2013, offering substantial potential for both conventional unit expansion and the development of paved or covered parking.

Investment Highlights:

• Property Type: Self Storage (Value-Add)
• Total Units: 127
• Net Rentable SqFt: 36,930
• Cap Rate: 3.42% (Pro-Forma: 8.00%)
• Price/SqFt: $69
• Price/Unit: $12,598
• Lease Type: Gross
• Lot Size: 1.79 acres
• Year Built: Ranging from 1960–2013
• Zoning/APNs: Multiple parcels included

Property Addresses:

• 1983 40th St NW, Winter Haven, FL 33881
• 1987 40th Street Northwest, Winter Haven, FL 33881
• 1900 42nd St NW, Winter Haven, FL 33881
• 1912 42nd St NW, Winter Haven, FL 33881

This offering is ideal for investors seeking a value-add opportunity in a high-growth Florida market with strong demand drivers and scalable upside through improved occupancy, rate increases, and unit expansion.