1210 GA-16 - Specialty FOR SALE


Newnan, GA 30263
$582,000 USD
912-281-6178
1210 GA-16, Newnan, GA for Sale
$582,000 USD
Specialty - FOR SALE
1/14
null | Request Cap Rate

1210 GA-16
Newnan, GA 30263


HIGHLIGHTS

  • Well Maintained Self Storage
  • Room for Expansion
  • Thriving Community

OVERVIEW

LOCATED IN NEWNAN, GA. Welcome to the busy town of Newnan, GA. You will enjoy investing in this self-storage facility in an area that is growing. The property has 2 buildings of storage units with additional acreage that is rentable for parking of motor homes, boats, etc. Plenty of ROOM FOR EXPANSION if you wish to build more. Currently there are 52 units each with its rollup door. 5x10 (16 units), 10x10 (28 units), 10x20 (8 units) 4 of these have doors at front and rear. Additionally there are 15 spaces designated for outside parking. Bringing a total of 66 RENTABLE UNITS. The property is surrounded by a chain link fence with coded lock on the gate. Currently occupied at 88%, you will have tenants in place from day one! Seller has security cameras on the property. This property has been pre-approved with an SBA lender. Supporting documents are available.

FOR SALE DETAILS

PRICE

$582,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ms. Lillian's Self Storage Newnan

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

R1

APN/PARCEL ID

047-5099-011

ASK ABOUT THIS PROPERTY

Harriet BowmanFesperman Real EstateMore Info
912-281-6178

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

Harriet BowmanFesperman Real EstateMore Info
912-281-6178

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