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6591 Military Trail

Robert Moser Of Prime Group Holdings Acquires Self Storage Facility In Greenacres For $10.84M
SOLDSelf Storage

Robert Moser Of Prime Group Holdings Acquires Self Storage Facility In Greenacres For $10.84M

6591 Military Trail

$10,840,000

$81/SF

Building Size

132,836 SF

Asset Type

Self Storage

Closing

Jun 20, 2025

AI

A 132,836 SF self-storage property located at 6591 South Military Trail in Greenacres was sold for $10,840,000. The asset spans 6.23 acres and consists of five buildings, constructed in the years 1988 and 2022.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $10,840,000
  • Address: 6591 South Military Trail
  • Market: Greenacres
  • Asset Size: 132,836 SF
  • Price per Square Foot: $82
  • Buyer: Robert Moser - Prime Group Holdings
  • Seller: Dominick Mangone
  • Closing Date: June 20, 2025
  • Acreage: 6.23 acres
  • Debt Information: No recorded debt

Prime Group Holdings, under the leadership of Robert J. Moser, acquired the property from an entity associated with Dominick Mangone. This transaction highlights the activities involving the two parties without reiterating the specifics of the property or financial metrics previously mentioned.

Players

Robert Moser

Prime Group

Buyer

$813.9M

vol

9 deals

Buyer

Lake Worth 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

1.46%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93