Athens Self Storage
Athens, GA
Property Overview
Athens Self Storage is a 10,500 net rentable square foot property located in Athens, GA. The facility is fully occupied, offering 0.5 acres in expansion potential. Strategically located 3 miles from Sanford Stadium, home of the University of Georgia’s football team, the property is well positioned in the market to take advantage of the growing demand for storage.
MARKET HIGHLIGHTS
Less than 3 Miles from Sanford Stadium.
$250M development project is set to create 1,700 employment opportunities in Athens.
$650M redevelopment plan for Georgia Square Mall.
FINANCIAL HIGHLIGHTS
Strong in-place cash flow; 6.2% cap on in-place financials.
Capitalizing on economic vacancy and ancillaries will add over $30k in EGI.
Opportunity to capture ancillary income on Tenant Insurance.
PROPERTY HIGHLIGHTS
Fully occupied facility with significant opportunity for management growth.
0.5 acres behind property for potential expansion.
Fully fenced and gated property set up for remote management.