553 Patrol Rd - Self-Storage Facilities FOR SALE


Forsyth, GA 31029
$3,595,000 USD
478-951-9460
553 Patrol Rd, Forsyth, GA for Sale
$3,595,000 USD
Self-Storage Facilities - FOR SALE
1/11
null | 8.12% Cap Rate

553 Patrol Rd
Forsyth, GA 31029


HIGHLIGHTS

  • Great revenue upside with room for expansion
  • Excellent location to I-75 and Downtown Forsyth
  • Great for passive Investment , lów deferred maintenance , manager in place

OVERVIEW

Thanks for your interest in this opportunity. The property is in an excellent location with stable to growing occupancy, two fairly new non-climate control buildings that were finished at the end of last year and room to expand. There is a total of 156 units of non-climate comprised of 151 storage units and four 9x20 containers. There are 54 climate control units which total 209 rental units. Attractive pricing at 8.11% cap rate for the storage units. Rental rates with room for increase as well as future expansion give this property plenty of upside, that coupled with a manager in place make this property perfect for the passive investor or a better return for the owner operator.

FOR SALE DETAILS

PRICE

$3,595,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

8.12%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ready to Store Storage Forsyth, Ga

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

5.7 AC

LAND SF

248,292 SF

ZONING

HB

APN/PARCEL ID

054-005A

ASK ABOUT THIS PROPERTY

Scott WilsonW. Scott Wilson Properties LLCMore Info
478-951-9460

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Scott WilsonW. Scott Wilson Properties LLCMore Info
478-951-9460

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