Marcus & Millichap Sells Lakewood Ranch RV & Boat Storage In Bradenton For $4.7M

On October 23, 2023, Marcus & Millichap sold Lakewood Ranch RV & Boat Storage in Bradenton, Florida, for a total of $4.7 million. This self-storage property spans across 4.68 acres and is located at 14875 Rangeland Parkway. The transaction reflects the strong demand for recreational storage sites in Florida, with multiple offers. The property consists of 270 units, resulting in a price per unit of $17,407.

Summary of transation details

• Property Type: Self Storage
• Transaction Amount: $4,700,000
• Address: 14875 Rangeland Parkway
• Market: Bradenton
• Asset Type: Self Storage
• Acres: 4.68
• Brokers: Christopher Travis, Hunter Robey & Jack Kaiser - Marcus & Millichap
• Units: 270
• Price per Unit: $17,407

Hunter Robey, an associate at Marcus & Millichap, noted that the sale of Lakewood Ranch RV & Boat Storage attracted multiple offers, ultimately closing with the most qualified buyer. This demonstrates the demand and interest in recreational storage sites in Florida. The transaction was facilitated by brokers Christopher Travis, Hunter Robey, and Jack Kaiser, representing Marcus & Millichap.