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18692277
17323862

288 Riley Rd, Dahlonega, GA 30533 For Sale

SMG Realty
Listed by SMG Realty
$650,000
810 days on market
Updated 26 days ago

Dahlonega Storage

Details
Property Type Self Storage
Square Footage 6,800
Net Rentable (SqFt) 6,600
Units 55
Cap Rate 9.23%
NOI $60,000
Occupancy 60%
Tenancy Multi
Pro-Forma Cap Rate 13.85%
Pro-Forma NOI $90,000
Price per SqFt $96
Class B
Year Built 1996
Year Renovated 2023
Buildings 3
Stories 1
Acreage 0.670
Zoning C3
Investment Type Owner/User
Ceiling Height 12

Self Storage | 57 Units | $11,818/unit

Marketing description

Discover a unique investment opportunity in Dahlonega, Georgia, with this detached property for sale featuring an established self-storage facility. Comprising 57 unit storage units and a office. Perfectly situated near the University of North Georgia (UNG) and the bustling Downtown area, the facility benefits from high visibility and traffic, making it a strategic business location. Just steps from the Lumpkin County Courthouse, this property presents a prime commercial real estate opportunity in a growing area. Don't miss out on owning a piece of Dahlonega's expanding enterprise landscape.

Listing Contacts

SMG Realty
Listed by SMG Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

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DSCR
9.23%
Cap Rate
9.23%
ROI

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