5503 Montgomery St - Self-Storage Facilities FOR SALE


Savannah, GA 31405- Poplar Place-University Place
$1,800,000 USD
770-728-8407
5503 Montgomery St, Savannah, GA for Sale
$1,800,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | 6.37% Cap Rate

5503 Montgomery St
Savannah, GA 31405
Poplar Place-University Place


HIGHLIGHTS

  • $2.7 Billion in residential housing development within a 5-mile radius of the facility
  • Dense & growing surrounding population – 70,000 people within a 3-mile radius over 150,000 people within a 5-mile radius of the facility
  • High physical occupancy with rents 13%-27% below surrounding competitors
  • High rental rates – average rental rates for non-climate controlled units of $15.70 per square foot a year in this trade area
  • Located less than 1-mile from Hunter Army Airfield which houses 5,500 U.S. Troops at any given time

OVERVIEW

Bill Pedersen License No. 80041 (GA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

6.37%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STARS & STRIPES SELF STORAGE

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

-

APN/PARCEL ID

2012906016

ASK ABOUT THIS PROPERTY

Zachary TryonMatthews Real Estate Investment ServicesMore Info
770-728-8407

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Zachary TryonMatthews Real Estate Investment ServicesMore Info
770-728-8407

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