3208 Mike Padgett Hwy - Self-Storage Facilities FOR SALE


Augusta, GA 30906- Old Savannah
$3,560,000 USD
678-576-1780
3208 Mike Padgett Hwy, Augusta, GA for Sale
$3,560,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | 6.5% Cap Rate

3208 Mike Padgett Hwy
Augusta, GA 30906
Old Savannah


HIGHLIGHTS

  • 93% unit occupancy and 98% SF occupancy at a stabilized self-storage facility
  • Listed at $65.75/rentable SF — attractive basis below replacement cost
  • Going-in 6.50% cap rate with below-market rental rates offering upside
  • Over 16,900 vehicles per day passing the property
  • Recent capital improvements completed at both property locations
  • Fort Eisenhower anchors demand with 16,000+ military personnel nearby

OVERVIEW

Broker Of Record Maxx Bauman Matthews Real Estate Investment Services, Inc 451849, 80041 (GA) 3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,560,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Augusta Lock Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

5.43 AC

LAND SF

236,531 SF

ZONING

Light Industrial

APN/PARCEL ID

1103161020,1230004020

ASK ABOUT THIS PROPERTY

Austin McLeodMatthews™More Info
678-576-1780

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Austin McLeodMatthews™More Info
678-576-1780

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