109 Coleman Dr - Self-Storage Facilities FOR SALE


Eatonton, GA 31024
$600,000 USD
404-876-1640
109 Coleman Dr, Eatonton, GA for Sale
$600,000 USD
Self-Storage Facilities - FOR SALE
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109 Coleman Dr
Eatonton, GA 31024


HIGHLIGHTS

  • Gated facility located between Lake Oconee and Lake Sinclair
  • Unused land offers opportunity for RV/boat parking income
  • Positioned off US 441 with excellent visibility and access
  • Projected household growth of 8.2% within 3-mile radius
  • Average household income of $87,865 within 15 minutes

OVERVIEW

ositioned in the heart of Georgia’s Lake Country, this bank-owned self-storage facility offers a compelling opportunity for investors seeking upside through repositioning. Located in Eatonton, GA—just 75 miles southeast of Atlanta—the property sits between two of the state’s most popular recreational destinations, Lake Oconee and Lake Sinclair. The ±1.14-acre site includes four buildings totaling ±8,700 square feet and 70 rentable units, with current occupancy at 30%. Following foreclosure, operations have been minimal, creating a prime value-add scenario for a hands-on operator. Strategic enhancements such as digital marketing, tenant insurance programs, rental rate optimization, and cosmetic upgrades could significantly boost performance. Additionally, the site includes unused land that may be suitable for RV or boat parking, offering further income potential. The facility is gated and located just off US 441, providing strong visibility and access. Within a 3-mile radius, household growth is projected at 8.2%, supported by a demographic base with average household incomes exceeding $87,000. Eatonton’s blend of southern charm, lakeside living, and proximity to Atlanta makes this location attractive for both local and regional storage demand. With limited competition and strong growth indicators, this asset presents a rare chance to acquire a well-located facility at a below-market price with significant upside. Additionally, we have two Metro Atlanta lender-owned facilities available.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bank-Owned Eatonton, GA Self-Storage Facility

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C-1 CITY

APN/PARCEL ID

062-022

ASK ABOUT THIS PROPERTY

Margaret BlantonBull Realty Inc.More Info
404-876-1640

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Margaret BlantonBull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.