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650 Northwest 30th Street

Zack Linford Of InSite Property Group Acquires Self Storage Facility In Miami For $32.72M
SOLDSelf Storage

Zack Linford Of InSite Property Group Acquires Self Storage Facility In Miami For $32.72M

650 Northwest 30th Street

$32,720,000

$265/SF

Building Size

123,379 SF

Asset Type

Self Storage

Closing

Jul 28, 2026

AI

A 123,379-square-foot self-storage facility located at 650 Northwest 30th Street in Miami, FL has been sold for $32,720,000. The property, constructed in 2020, consists of 1,100 storage units and is situated near Interstate 95, contributing to its accessibility and potential as a modern asset in the market.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $32,720,000
  • Square Footage: 123,379
  • Price Per Square Foot: $265
  • Buyer: Zack Linford - InSite Property Group
  • Seller: Howard Pryor - SpareSpace Storage

Zack Linford, representing InSite Property Group, has acquired the facility from Howard Pryor, who represented SpareSpace Storage in the sale. This transaction adds to InSite's growing portfolio of self-storage assets in the competitive Miami real estate market.

Players

Zack Linford

InSite Property Group

Broker

$94.3M

vol

2 deals

Broker

Zack Linford

InSite Property Group

Buyer

$94.3M

vol

2 deals

Buyer

Howard Pryor

SpareSpace Storage

Seller

$32.7M

vol

1 deal

Seller

Miami 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

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93