Lender-Owned Self-Storage Property With Additional Income

Highlights:

• 2 offices (±1,155 SF each)
• 122 NCC Storage Units
• Potential U-Haul contract
• Wow Way West Utility station lease
• B2 zoning
• ±2.4 Acres
• ±11,290 NRA, GBA (±8,980 storage, ±2,310 office)
• 3 buildings
• 25,486 traffic count
• Price per SF is $75
• 3-mile radius population is 31,916

Description:

Economy Self-Storage presents an exceptional value-add investment opportunity in the growing Augusta, Georgia market. Strategically located on a busy thoroughfare, the property offers high visibility and strong potential for income growth under improved management.

The facility was historically well-occupied. The property has recently come under new professional management and is already showing signs of a rapid lease-up trend.

The property offers four distinct income streams, providing diversification and stability potential for investors:
1. 122 non-climate controlled storage units
2. Two office suites – one leased and one available for occupancy
3. Parking income via a U-Haul contract, generating 15% of lease income
4. Lease with Wow Way West Utility Station

With strong fundamentals, a growing local economy, and significant upside through improved operations and marketing, this facility represents an outstanding opportunity for a savvy investor to unlock substantial value through stabilization and rent optimization.

This property is located in Augusta, GA.

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