Lender-Owned Self-Storage Facility | Conyers - Atlanta Submarket - 52 Units
$450,000
2570 Flat Shoals Rd SE, Conyers, GA 30013
4,000 sqft
Building Size
0.49 acres
Lot Area
Details:
Highlights:
- 52 Units
- 20% Occupied
- ±7,800 SF
- Located off of GA-162, Near I-20
- 3-Mile population is 37,901
- 3-Mile HH Projected Growth (2024-2029) is 6.94%
- 3-Mile HH income is $71,342
- Gated
- Roof: pitched, metal
- Exterior walls and framing: corrugated steel
Description:
Extra Room Storage is strategically located in a rapidly growing Atlanta suburban market 26 miles east of Atlanta. The lender foreclosed and is offering the property “as is” at a bargain price. The facility has experienced minimal oversight in the past year and is currently being maintained by a temporary manager responsible for rent collection and basic expense management.
Prior to the most recent ownership, the property operated at approximately 94% occupancy with limited marketing efforts, indicating strong underlying demand within the trade area. This asset represents an exceptional value-add opportunity for an investor to implement professional management, reestablish operational stability, and restore occupancy while maximizing income potential.
Additionally, we have two Metro Atlanta lender-owned facilities available.
This property is located on Conyers, GA.
Documents:
| Title | ||
|---|---|---|
| Offering_Memorandum.pdf |
Location
Gallery
