Athens Self Storage Development
Land | 3.39 acres
Marketing description
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Discover an exceptional investment opportunity at 115 McClung Dr in Athen, GA. This expansive property spans over 3.39 acres and boasts a potential 100,000+ gross Square feet, offering immense potential for development in a high-growth area. With visibility from Hwy 29, the property presents a prime location for maximum exposure and accessibility. Furthermore, the confirmed development of over 2,000 units approved for m multiple mulit-family apartment properties, senior housing and a new single family community with a one-mile radius underscores the burgeoning demand and promising prospects for this investment. Don’t miss the chance to capitalize on this substantial property in the thriving Athens area, strategically positioned for lucrative ventures and future growth.
Investment highlights
- Prime location near Hwy 29 with visibility from the major thoroughfare
- Strong demand for self storage- current facilities in market are over 85% occupancy
- Growing residential market with 2,000 confirmed units in 1 mile
- Limited Modern Competition- most competitors are 1st generation facilities
- Strong Household Income
- Zoning and permitting approved for self storage development
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