Self-Storage Investment Opportunity | 46 Units | ±6,000 SF
$325,000
1098 Legion Dr, Warrenton, GA 30828
6,000 sqft
Building Size
1.29 acres
Lot Area
Details:
Highlights:
- • Built in 2023
- • 20 Climate-Controlled Units/26 Non-Climate
- Controlled Units
- • Currently 67% Occupied with Strong Lease-up Potential
- • Turnkey, Low-Maintenance Investment Opportunity
- • Located Directly Across from a Multifamily
- Apartment Community - Built in 2023
- • Excellent Access to U.S. Hwy 278, Hwy 16, Hwy, 80 and I-20
- • Approximately 46 Miles West of Augusta, Georgia
- • Approximately 110 Miles East of Atlanta, Georgia
- • Includes an Additional ±0.32-Acre Parcel for Potential
- Future Expansion
- • Minimal Existing Marketing Creates Immediate
- Value-Add Opportunity
- • Potential to Increase Income Through Marketing,
- Professional Management, and Boat and RV Parking
- • Stable In-Place Income with Significant Long-Term Upside
- • ±7.45 of Storage/Person Within a 5-Mile Radius
- • 10.99% Increase In Average Rate/SF Over the
- Past 12 Months
Description:
Completed in 2023, this newly constructed self-storage facility features 46 self-storage units and offers investors the opportunity to acquire a high-quality, low-maintenance asset in a stable market. Conveniently located along U.S. Highway 278 with excellent access to I-20, Highway 16, and Highway 80, Mel’s Storage is strategically positioned just 46 miles west of Augusta and 110 miles east of Atlanta, providing access to Georgia’s two largest metropolitan areas.
The facility is strategically positioned across from a 72-unit multifamily apartment community, benefiting from a strong nearby residential customer base. The offering also includes an additional ±0.32-acre parcel, providing the potential opportunity for future expansion and increased revenue potential.
Currently operating with minimal marketing efforts, the property offers significant value-add potential through enhanced advertising, digital marketing, and professional management initiatives designed to increase occupancy and revenue. With stable in-place income, expansion potential, and meaningful upside, this offering represents an exceptional opportunity to acquire a newly constructed self-storage investment.
The facility is strategically positioned across from a 72-unit multifamily apartment community, benefiting from a strong nearby residential customer base. The offering also includes an additional ±0.32-acre parcel, providing the potential opportunity for future expansion and increased revenue potential.
Documents:
| Title | ||
|---|---|---|
| 1098_Legion_Drive_OM.pdf |
Location
Gallery
