Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/1970/ Marcus & Millichap is pleased to offer the fee simple interest in Lazy Days Storage located at 6619 Lanier Islands Pkwy in Buford, Georgia (the “Property”). This exclusive opportunity offers 313 units spanning 49,150 net rentable square feet of recently constructed self-storage just off the picturesque Lake Lanier. Constructed in 2022, the Property consists of six buildings totaling 49,150 RSF with 307 non climate units and 6 parking units. It features a market attractive unit mix with large units ranging in size from 10’X10’ to 10’X30’. The Property has access from both Lanier Island Parkway and Lazy Day Marina. The Property is currently 37.6% occupied and offers potential investors the ability to acquire a well-located self-storage asset with significant value add through lease up at long term rates. The Property is strategically positioned across from Lake Lanier, one of the largest lakes in Georgia. The lake attracts millions of visitors each year for recreation, tourism, and outdoor activities. The Property offers immediate access to Lanier Islands Pkwy and benefits from traffic counts of 3,430 vehicles per day. The Property benefits from dense and compelling demographics with a population draw of ±61,173 residents within a 5-mile radius and an average household income of ±$107,145. The population has experienced 31.68% growth from 2010-2023 with 4.95% growth expected to continue through 2028.