Northwest Georgia Self-Storage Facility - New Construction

7016 Ga 225, Chatsworth, GA

$3,075,000

Price

29,240 sqft

Building Size

4.02 acres

Lot Area

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Street
Map
Overview
Building Size
29,240 sqft
Lot Area
4.02 acres
Occupancy
93%
Units
251
Year Built
2021
Floors
1
Description

Chatsworth Climate Boat and RV Storage is a recently built facility undergoing new expansion/construction due to the strong demand in the area. The expected delivery date to a buyer would be in April/May 2024. The original three buildings, constructed in 2021, offer 80 standard drive-up units and have consistently delivered 90%+ unit occupancy since lease-up stabilization. The facility is expanding with new climate-controlled units, covered and enclosed parking, and drive-up Boxwell units. The resulting unit mix will provide a planned 251 units/spaces and 29,240 +/- RSF. There will still be ample room on the 4 +/- acre lot for expansion.

Stabilized Original Build (93% occupancy)
80 standard drive-up units in three buildings - built in 2021

New Construction - Scheduled CO in April/May 2024
34 additional standard drive-up units in 24 Boxwell containers
92 climate-controlled units in a 13,100 +/- RSF building
21 open/uncovered vehicle parking spaces
14 covered RV parking spaces
10 enclosed auto/boat units in a 3,600 +/- RSF building


Chatsworth Storage is located in northwest Georgia on GA-225 adjacent to the local Dollar General Store. It sits ~ 22.5 miles south of the TN/GA state line and 13 miles southeast of Dalton, GA. Atlanta, GA is approximately 82 miles south.

The site has five buildings, Boxwell containers, and mixed parking. Three original buildings house 80 standard drive-up units, one newly constructed building contains 92 climate-controlled units, and one newly constructed building offers ten enclosed auto and boat storage units. In addition, covered storage has been constructed for RVs as well as open outdoor parking areas. There is ample room for expansion. The parcel is adjacent to and wraps around behind the Dollar General store and has access from two separate roads - GA-225 and Maple Grove Church Rd.

Highlights
  • Newly constructed facility (2021 and 2024)
  • No current or planned competition within a 5-mile radius (serving over 10,000 population)
  • High visibility adjacent to Dollar General Store
  • Median household income over $80,000 within a 3-mile radius
  • Turnkey third-party managed facility
  • Complete unit mix
  • Room for potential expansion
Documents
Location
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