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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26950281
26950280

3 Locations

DV
FL SL3294062
Marcus & Millichap - Orlando
RT
FL BK3015549
Marcus & Millichap - Orlando
JB
FL SL3494021
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Orlando, Marcus & Millichap - Palo Alto
$1,217,460
262 days on market
Updated 24 days ago

TOCCOA PORTFOLIO

Details
APN 032B-240, 019B-066, T20-170
Property Type Self Storage
Sub Type Self Storage
Net Rentable (SqFt) 24,828
Units 217
Cap Rate 4.49%
NOI $60,873
Occupancy 54.84%
Year Built 1970, 1984,2004,
Buildings 9
Stories 1
Acreage 0.9 - 1.46

TOCCOA PORTFOLIO

Marketing description

Introducing the TOCCOA PORTFOLIO, located at 1139 Mize Rd, 1525 Falls Rd, 368 S. Pond St in Toccoa, GA. This rare investment opportunity offers a deep value-add potential with properties priced well below replacement costs. With a variety of unit sizes catering to personal, household, and business storage needs, including dedicated RV storage units, these three self-storage facilities are poised to meet the growing demand in the area. The TOCCOA PORTFOLIO stands out in Georgia's thriving self-storage market, experiencing a 57% increase in facilities in 2023 alone. The properties at 1525 Falls Rd and 1139 Mize Rd boast attractive pricing details and impressive occupancy rates, making them a strategic investment opportunity aligned with the evolving needs of the local community. Don't miss out on this chance to capitalize on Toccoa's expanding self-storage sector.

Investment highlights

•Three Property Self-Storage Portfolio

•Deep Value-Add Opportunity –High Vacancy and Priced Way Below Replacements Costs

•Variety of Unit Sizes to Cater to Personal, Household, and Business Storage Needs.

•Located in Area with Growing Demand for RV storage. Dedicated RV Storage Units Added to the Pond Street and Mize Road Facilities

•Georgia’s Self-Storage Market has Experienced Significant Growth, with a 57% Increase in the Number of Facilities in 2023.

•The Expansion of Self-Storage Facilities in Toccoa Reflects a Commitment to Meeting the Evolving Needs of the Local Community.

Listing Contacts

DV
FL SL3294062
Marcus & Millichap - Orlando
RT
FL BK3015549
Marcus & Millichap - Orlando
JB
FL SL3494021
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Orlando, Marcus & Millichap - Palo Alto

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$60,873.00
$5,072.75/mo

Valuation Metrics

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5%
Cap Rate
5%
ROI

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Additional Information

Name
John Leonard
License
GA 252904
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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