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Self-Storage Facility

Cleveland Georgia Storage

5389 Hwy 115 W, Cleveland, GA 30528

Listing Price: $2,300,000

Cap Rate
7.06%
Number of Units
175
Occupancy
85.1%
Gross SF
23,217
Rentable SF
23,217
Price/Rentable SF
$99.07
Year Built
2006

Investment Overview

Cleveland Georgia Storage is a 23,217 RSF self storage facility in Cleveland, GA. The property includes a total of 175 units of which 38% are climate controlled. The facility currently enjoys 85% physical occupancy and is strategically located just 5 miles outside of Cleveland with no competitors for 3 miles in any direction. Listed at $2,300,000, which represents a 7.06% CAP on current revenue, this property represents a rare opportunity to purchase a self storage facility in a growing market in the sunbelt with strong in-place cash flow.

Investment Highlights

  • No Competitors within 3-Mile Ring
  • 38% Climate Controlled
  • Located in Appalachian Foothills 1 Hour from Atlanta / Popular Location for Second Homes

Exclusively Listed By

Financing By

Self-Storage Facility

Cleveland Georgia Storage

Listing Price: $2,300,000

Cap Rate
7.06%
Number of Units
175
Occupancy
85.1%
Gross SF
23,217
Rentable SF
23,217
Price/Rentable SF
$99.07
Year Built
2006

Investment Highlights

  • No Competitors within 3-Mile Ring
  • 38% Climate Controlled
  • Located in Appalachian Foothills 1 Hour from Atlanta / Popular Location for Second Homes

Investment Overview

Cleveland Georgia Storage is a 23,217 RSF self storage facility in Cleveland, GA. The property includes a total of 175 units of which 38% are climate controlled. The facility currently enjoys 85% physical occupancy and is strategically located just 5 miles outside of Cleveland with no competitors for 3 miles in any direction. Listed at $2,300,000, which represents a 7.06% CAP on current revenue, this property represents a rare opportunity to purchase a self storage facility in a growing market in the sunbelt with strong in-place cash flow.

Exclusively Listed By

Financing By

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