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161 Oakwood DrKissimmee, FL 34743
StorQuest Express Self-Storage Opportunity - Kissimmee, Florida
Asset ClassSelf Storage
Year Built2020
Year Built: 2020Square Feet: 53,919# Units: 517Access Data Room
Kissimmee, FL
overview of deal

Overview

The Cushman & Wakefield Self Storage Advisory Group has been retained to offer for sale StorQuest Express in Kissimmee, FL.

 

This exclusive opportunity represents a compelling opportunity to acquire a Class-A, institutional quality self-storage asset in one of Central Florida’s fastest growing submarkets. It is located within the Orlando-Kissimmee-Sanford MSA which is one of the nation’s fastest growing markets due to sustained population in migration, employment expansion and global tourism demand.

 

Delivered in 2020, the property consists of 53,919 rentable square feet across 500 storage units and 17 parking spaces. The storage is currently 82.2% occupied with $16.68 in‑place rents. The facility is primarily comprised of climate‑controlled units, with 370 units inside the main building, accompanied by 130 non‑climate drive‑up units located on the exterior of the main building and within four additional buildings on the property. This configuration allows the facility to capture a broad spectrum of residential and recreational demand. The asset benefits from brand‑affiliated management under StorQuest, positioning it to compete at the top of the local market while executing continued lease‑up and revenue optimization strategies.

 

Strategically located along Oakwood Drive, the property offers convenient access to major commuter and commercial corridors, including U.S. Highway 192, John Young Parkway, the Florida Turnpike, and Interstate 4, providing connectivity throughout the greater Orlando metro. The surrounding trade area is supported by strong demographic fundamentals, dense residential neighborhoods, and sustained housing development, all of which support consistent self‑storage demand.

 

Overall, this offering provides investors with the opportunity to acquire a high‑quality, newly delivered self‑storage asset with embedded upside through lease‑up and stabilization, located in a supply‑supported, growth‑oriented Central Florida market with durable demographic and economic fundamentals.

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Investment Highlights

  • New Construction (2020): Institutional‑quality facility with modern construction and minimal near‑term capital requirements.
  • Lease‑Up Value‑Add Opportunity: Meaningful upside through continued stabilization.
  • Demographics / Growth Story: More than 188,000 residents within five miles supported by strong household incomes, reflecting approximately 9.7% population growth since 2020.
  • Excellent Connectivity: Proximity to U.S. 192, the Florida Turnpike, and I‑4 with access to major employment, retail, and tourism corridors.
  • In‑Place Yield: The project offers attractive in‑place yields, with increasing occupancy and revenue driving outsized overall returns.
  • Below Replacement Cost: Anticipated pricing is well below replacement cost for comparable Class A, climate‑controlled product.
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161 Oakwood DrKissimmee, FL 34743
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