875 S Main St - Self-Storage Facilities FOR SALE


Cornelia, GA 30531
$2,275,000 USD
678-808-2733
875 S Main St, Cornelia, GA for Sale
$2,275,000 USD
Self-Storage Facilities - FOR SALE
1/9
null | 6.34% Cap Rate

875 S Main St
Cornelia, GA 30531


HIGHLIGHTS

  • 29,010 NRSF of Climate and Non-Climate Control Storage
  • Rental Rates Below Market
  • Strong Avg HH Income Above $78K (5-Mi)
  • Low Saturation 7.92 SF/Capita (3-Mi)
  • ~4% Pop. & HH Growth Projected in the Next 5 Years
  • Multiple Economic & Residential Developments in the Market

OVERVIEW

Marcus & Millichap is pleased to present Habersham Mini Storage in Cornelia, Georgia. The property consists of 29,010 net rentable square feet of climate-controlled and non-climate-controlled self-storage units. Current rental rates are below market, providing an opportunity for future revenue growth. The facility also offers the potential for operational efficiencies through automation and remote management. Cornelia and the surrounding Habersham County area continue to experience residential and economic growth, supporting long-term demand fundamentals for self-storage.

FOR SALE DETAILS

PRICE

$2,275,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

6.34%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Habersham Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

116A013

ASK ABOUT THIS PROPERTY

Grace FolgerMarcus & MillichapMore Info
678-808-2733

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Grace FolgerMarcus & MillichapMore Info
678-808-2733

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