facebook
Traded Co logo
Submit
Daily limit: 0/10

Talonvest Capital Secures $9.12M Loan For Strategic Storage Trust VI Inc. In Bradenton

Property Image
FINANCED
$9,120,000

Florida

See Similar Deals
Self Storage64,400 SF
Financed 04/28/2025
the dealplayerscompscontact
Property Image
FINANCED

Talonvest Capital Secures $9.12M Loan For Strategic Storage Trust VI Inc. In Bradenton

6424 14th Street West

See Similar Deals
Self Storage64,400 SF
Financed 04/28/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Self Storage
Price Per Square Foot:$141
Total Square Footage:64,400 SF
Transaction Type:Loan

The property asset involved in this transaction is SmartStop Self Storage, located at 6424 14th Street West in Bradenton, Florida. This self-storage facility consists of 800 units and features a total size of 64,400 square feet. It was developed from vacant land that was acquired in 2023 for $1.35 million.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $9,120,000
  • Loan Terms: five-year loan with interest-only
  • Lender: Talonvest Capital
  • Landlord: Strategic Storage Trust VI Inc.

Talonvest Capital secured the loan for Strategic Storage Trust VI Inc. to finance the development of the self-storage facility. The asset was developed into a storage property after acquiring the land in 2023.

Players

Talonvest Capital
Talonvest Capital
LENDER

Details

FINANCED
IMAGE: 04/28/2025 ADDRESS: 6424 14th Street West MARKET: Bradenton ASSET TYPE: Self Storage ~ UNITS: 800 ~ SF: 64,400 LENDER: Talonvest Capital LANDLORD: Strategic Storage Trust VI Inc. LOAN AMOUNT: $9,120,000 LOAN TERMS: five-year loan with interest-only NOTE: Talonvest Capital secured a $9.12M five-year loan with interest-only terms for Strategic Storage Trust VI Inc. to finance SmartStop Self Storage, an 800-unit facility in Bradenton, FL. The site was acquired as vacant land in 2023 for $1.35M and developed into a 64,400-square-foot storage property.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,120,000.00

Monthly NOI$60,800.00
Monthly Debt Service$57,644.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00