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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28023001
28074985

109 Coleman Dr, Eatonton, GA 31024 For Sale

Bull Realty
Bull Realty
Listed by Bull Realty
$395,000
258 days on market
Updated 40 days ago

Lender-Owned Eatonton, GA Self-Storage Facility | 70 Units

Details
Property Type Industrial, Self Storage
Sub Type Self-Storage
Square Footage 8,700
Units 70
Cap Rate 6.00%
NOI $24,746
Occupancy 73%
Pro-Forma Cap Rate 13.00%
Pro-Forma NOI $54,300
Price per SqFt $45
Buildings 4
Stories 1
Acreage 1.140
Zoning C-1
Investment Type Value Add
Sale Condition Bank owned foreclosure

Bank-Owned Eatonton, GA Self-Storage Facility | 70 Units - Lake Sinclair - Lake Oconee

Marketing description

B & S Mini Storage is a well-located facility positioned approximately 75 miles southeast of Atlanta in Eatonton, GA. The facility is nestled between two of Georgia’s most scenic recreational destinations, Lake Oconee and Lake Sinclair. The property presents a compelling value-add opportunity for investors. Following a recent foreclosure, operations have been minimal, with limited marketing efforts and no online presence. Strategic improvements—such as implementing digital marketing, introducing tenant insurance, adjusting rental rates to market levels, and making minor cosmetic upgrades—could significantly enhance performance.

Additionally, we have one other lender owned facility in Augusta.

Investment highlights

  • 70 Units

  • ±8,700 SF

  • 4 buildings

  • ±1.14 acres

  • Off of US 441

  • Projected HH Growth of 8.2% within 3-mile radius

  • Gated

Listing Contacts

Bull Realty
Bull Realty
Listed by Bull Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,746.00
$2,062.17/mo

Valuation Metrics

0
DSCR
6.26%
Cap Rate
6.26%
ROI

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Additional Information

Name
Margaret Blanton
License
350187
Brokerage
Bull Realty Inc
Title
Real Estate Broker
Brokerage Address
50 Glenlake Parkway Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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