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Self-Storage Facility

SunnyLand Self-Storage

100 Poag Crossing, Hiram, GA 30141

Listing Price: $1,000,000

Cap Rate
7.50%
Number of Units
73
Occupancy
63.0%
Gross SF
11,600
Rentable SF
11,600
Price/Rentable SF
$86.21
Year Built
1997

Investment Overview

Marcus & Millichap is pleased to offer the sale of SunnyLand Self-Storage in Hiram, GA. This opportunity includes 50 non-climate units, 23 parking units, and 2 industrial warehouse suites totaling 11,600 net rentable square feet. The future owner will have the ability to continue leasing up the self-storage and take advantage of the below market rental rates.

Investment Highlights

  • Rental Rates Below Market
  • Over $96,000 Avg Household Income
  • Opportunity to Expand by Replacing Parking
  • Projected 7% population Growth by 2028
  • 10.9% Pro Forma Cash on Cash
  • Storage Fully Gated with Keypad Entry

Exclusively Listed By

Financing By

Self-Storage Facility

SunnyLand Self-Storage

Listing Price: $1,000,000

Cap Rate
7.50%
Number of Units
73
Occupancy
63.0%
Gross SF
11,600
Rentable SF
11,600
Price/Rentable SF
$86.21
Year Built
1997

Investment Highlights

  • Rental Rates Below Market
  • Over $96,000 Avg Household Income
  • Opportunity to Expand by Replacing Parking
  • Projected 7% population Growth by 2028
  • 10.9% Pro Forma Cash on Cash
  • Storage Fully Gated with Keypad Entry

Investment Overview

Marcus & Millichap is pleased to offer the sale of SunnyLand Self-Storage in Hiram, GA. This opportunity includes 50 non-climate units, 23 parking units, and 2 industrial warehouse suites totaling 11,600 net rentable square feet. The future owner will have the ability to continue leasing up the self-storage and take advantage of the below market rental rates.

Exclusively Listed By

Financing By

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