Self Storage Facility On 4.5 Acres
Location Georgia,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $248302
Net Profit / Cash Flow $209352
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 1 - 3
Inventory 4000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Will train for two weeks at no additional cost.
Reason for Sale Health reasons.
Description Unbelievable opportunity to acquire well maintained and expanding property located just 8 miles from the new Kia plant with over 20,000 new hires. Property located in expanding area of LaGrange, GA. There is a 400 home subdivision under construction right behind the facility (phase 1). Directly across the street are 3 large apartment complexes with over 1500 units. Road way is under expansion and improvements. Property just completed expansion of climate controlled units.
In addition to over 34,000 RSF on 3 1/2 acres (plenty room for expansion), there is an additional 5400 SF of retail stores consisting of 8 units (50% full). Also, included in the price is the 3 bedroom home available for either on-site management or an additional commercial rental. Income includes the storage facility, retail establishments and Penske Truck Rental. The rental agreement is for exclusivity in the area. There is no immediate competition servicing the current location.
Around the corner a new shopping center is under construction anchored by Kohllƒ?s and Targets. This area is growing and this opportunity is strong. Contact for more information on this Self Storage Facility for sale.
Asking price $2,950,000. Contact Harold Kolbe at 678-264-8414.
Click Here To Contact Seller
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