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2200 Forsyth Road

Prime Group Holdings Acquires Self Storage Facility In Orlando From Ample Ivey For $21.5M
SOLDSelf Storage

Prime Group Holdings Acquires Self Storage Facility In Orlando From Ample Ivey For $21.5M

2200 Forsyth Road

$21,500,000

$125/SF

Building Size

171,000 SF

Asset Type

Self Storage

Closing

Aug 5, 2025

AI

The transaction involved a self-storage asset located at 2200 North Forsyth Road & 6493 East Colonial Drive in the Orlando market. The property was sold for $21,500,000, encompassing a total of 171,000 square feet, resulting in a price per square foot of $125.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $21,500,000
  • Address: 2200 North Forsyth Road & 6493 East Colonial Drive
  • Market: Orlando
  • Square Footage: 171,000
  • Price per Square Foot: $125
  • Buyer: Prime Group Holdings
  • Seller: Ample Ivey
  • Broker Representatives: Steven Bentolila - Bento Property Group & Solomon Michailow - S2 Property Group

Key representatives in the transaction included Steven Bentolila from Bento Property Group and Solomon Michailow from S2 Property Group, who facilitated the deal on behalf of their respective clients.

Players

Solomon Michailow

S2 Property Group

Broker

$198.9M

vol

13 deals

Broker
S2 Property Group
S2 Property GroupBrokerage

Orlando Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93