431 S Mock Rd - Self-Storage Facilities FOR SALE


Albany, GA 31705
$4,020,000 USD
678-576-1780
431 S Mock Rd, Albany, GA for Sale
$4,020,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | 4.78% Cap Rate

431 S Mock Rd
Albany, GA 31705


HIGHLIGHTS

  • Recent climate controlled expansion completed in 2024.
  • Local, mom-and-pop management in-place with very little advertising being done and a minimal online presence.
  • Below replacement cost offering at $59 per rentable square foot.
  • Attractive stabilized returns upon reaching 90%+ occupancy.
  • Limited self-storage supply with 8.86 square feet per capita in a 3-mile radius and 5.97 in a 5-mile radius (according to TractIQ).
  • Located just under 2 miles from “Marine Corps Logistics Base (MCLB) Albany” which provides thousands of jobs to soldiers and local civilians.

OVERVIEW

Broker of Record Bill Pedersen License # 80041 (GA) Matthews 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,020,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

4.78%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mock Road Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

5.35 AC

LAND SF

233,046 SF

ZONING

C4

APN/PARCEL ID

00155-00004-15B,00155-00004-15C

ASK ABOUT THIS PROPERTY

Austin McLeodMatthews Real Estate Investment ServicesMore Info
678-576-1780

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Austin McLeodMatthews Real Estate Investment ServicesMore Info
678-576-1780

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