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Self-Storage Facility

Ellaville Self Storage

266 Industrial Dr, Ellaville, GA 31806

Listing Price: $1,700,000

Cap Rate
6.50%
Number of Units
188
Occupancy
66.8%
Gross SF
24,400
Rentable SF
24,400
Price/Rentable SF
$69.67
Year Built
1996

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of a 188-unit self-storage facility located in Ellaville, Georgia. This 100% drive-up facility encompasses approximately 24,400 net rentable square feet across approximately 1.91 acres. The asset is strategically positioned within a growing rural market with no competition within 10 miles of the site.

The facility presents a compelling value-add opportunity through improved operations, revenue optimization, and potential future expansion. Investors can unlock upside by implementing modern management systems, introducing tenant insurance, and adding ancillary income streams such as admin fees. Additionally, the property offers room for future expansion, presenting a clear path for long-term growth and increased cash flow.

Investment Highlights

  • Seller Financing option available
  • No other storage facilities within 10 miles
  • Value add Storage Facility
  • Low saturation at 6.04 SF/person in the 5-mile trade area
  • Room for expansion
  • Significant upside through revenue management

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Self-Storage Facility

Ellaville Self Storage

Listing Price: $1,700,000

Cap Rate
6.50%
Number of Units
188
Occupancy
66.8%
Gross SF
24,400
Rentable SF
24,400
Price/Rentable SF
$69.67
Year Built
1996

Investment Highlights

  • Seller Financing option available
  • No other storage facilities within 10 miles
  • Value add Storage Facility
  • Low saturation at 6.04 SF/person in the 5-mile trade area
  • Room for expansion
  • Significant upside through revenue management

Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of a 188-unit self-storage facility located in Ellaville, Georgia. This 100% drive-up facility encompasses approximately 24,400 net rentable square feet across approximately 1.91 acres. The asset is strategically positioned within a growing rural market with no competition within 10 miles of the site. The facility presents a compelling value-add opportunity through improved operations, revenue optimization, and potential future expansion. Investors can unlock upside by implementing modern management systems, introducing tenant insurance, and adding ancillary income streams such as admin fees. Additionally, the property offers room for future expansion, presenting a clear path for long-term growth and increased cash flow.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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