Richmond Self Storage | Significant Upside For Next Buyer

Highlights:

• This facility features a diverse mix of non climate, climate-controlled and parking units.
• Fully secured site with gate access, security cameras and an on-site office.
• Significant upside available to next buyer through increasing economic and physical occupancy.
• Two new climate controlled buildings built in 2017.
• Ancillary income generators such as retail sales, admin/late fees and tenant insurance can be implemented or improved to boost collections.
• Excellent visibility from interstate 520/Bobby Jones Expressway which sees over 96,900 vehicles per day.
• Facility is located in the Heart of Augusta, with over 151,000 people within a 5-mile radius.
• Augusta is the 2nd largest city in Georgia, with a population of 608,980 people within the MSA.
• Nearby Tenants Include: Burger King, Dollar Tree, Forever 21, Dillard’s, Macy’s, T.J. Maxx, Starbucks, Walmart Supercenter and More

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the Richmond Self Storage Located at 3455 Wrightsboro Road in Augusta, GA. The Facility Was Built in 1983, With a Recent Climate Controlled Expansion in 2017 and Features 39 Climate-Controlled Units and 96 Non-Climate Units, Totaling 12,395 Net Rentable Square Feet. With a Current Physical Occupancy of 68.15%, and an Economic Occupancy of 47.44%, This Opportunity Presents Significant Upside For the Next Buyer to Increase Economic and Physical Occupancy With a More Active Management Solution.



In Cooperation With Sands Investment Group Atlanta, LLC - Lic. # 67374

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