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Self-Storage Facility

Storage Wise of Columbus

2107 Floyd Rd, Columbus, GA 31907

Listing Price: $2,250,000

Cap Rate
4.50%
Number of Units
205
Occupancy
73.0%
Gross SF
28,200
Rentable SF
28,200
Price/Rentable SF
$79.79
Year Built
1995

Investment Overview

Marcus & Millichap is pleased to offer for sale Storage Wise of Columbus located in Columbus, Georgia. This property features 205 total units, consisting of 200 non-climate units, 3 Parking spots, 1 large warehouse unit, and 1 On-site apartment unit, totaling 28,200 net rentable square feet. Sellers have plans in place to add an additional 94 non-climate units totaling 15,600 net rentable square feet. This facility benefits from excellent street frontage and a growing surrounding population. Storage Wise of Columbus sits on 3.92 acres of land and is located about 5 miles east of downtown Columbus, Georgia and 9 miles northeast of Fort Moore.

Investment Highlights

  • Priced Under $80 per RSF
  • 138,090 People Within 5 miles
  • 15,100 VPD with Excellent Visibility
  • Approved for 15,600 SF Storage Expansion
  • Below Market Rental Rates at Facility
  • Upside through Revenue Management

Exclusively Listed By

Financing By

Self-Storage Facility

Storage Wise of Columbus

Listing Price: $2,250,000

Cap Rate
4.50%
Number of Units
205
Occupancy
73.0%
Gross SF
28,200
Rentable SF
28,200
Price/Rentable SF
$79.79
Year Built
1995

Investment Highlights

  • Priced Under $80 per RSF
  • 138,090 People Within 5 miles
  • 15,100 VPD with Excellent Visibility
  • Approved for 15,600 SF Storage Expansion
  • Below Market Rental Rates at Facility
  • Upside through Revenue Management

Investment Overview

Marcus & Millichap is pleased to offer for sale Storage Wise of Columbus located in Columbus, Georgia. This property features 205 total units, consisting of 200 non-climate units, 3 Parking spots, 1 large warehouse unit, and 1 On-site apartment unit, totaling 28,200 net rentable square feet. Sellers have plans in place to add an additional 94 non-climate units totaling 15,600 net rentable square feet. This facility benefits from excellent street frontage and a growing surrounding population. Storage Wise of Columbus sits on 3.92 acres of land and is located about 5 miles east of downtown Columbus, Georgia and 9 miles northeast of Fort Moore.

Exclusively Listed By

Financing By

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