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31109389
31109390

1040 US-29, Athens, GA 30601

CV
FL BK3367978, SC 118615
Oakside Companies
EJ
FL GA 349578, FL SL3243464
Oakside Companies
Listed by Oakside Companies
Unpriced
78 days on market
Updated 62 days ago

Crazy Ray's Self Storage

Details
APN 213 018A
Property Type Self Storage
Sub Type Self Storage
Square Footage 53,334
Net Rentable (SqFt) 53,334
Units 482
Year Built 1998-2004-2017
Acreage 12.670

Self Storage | 482 Units

Marketing description

For documents and more info access here: https://crazyraysselfstorage.sharplaunch.com/

Investment highlights

GROWING AREA WITH STRONG RESIDENTIAL DEMAND

Significant residential growth (nearly 500 units less than 1 mile from the asset) throughout the Athens market.

CLEAR OPPORTUNITY TO PUSH RENTS

In-place rents are below market, giving a new owner a realistic path to increase NOI through steady, well-timed rent increases.

PRIME CORRIDOR EXPOSURE

Direct frontage and convenient access along U.S. Highway 29, a major commercial corridor in Athens with approximately 21,300 VPD, providing strong visibility and accessibility within the local trade area.

LIMITED COMPETITION AND NEW SUPPLY

No new self storage facilities planned or under construction within a 10-mile radius. Limited development activity in the area helps keep supply in check and supports long-term pricing stability.

STRONG HISTORICAL OCCUPANCY

Historical occupancy has trended ~90% (recent dip into the 80s due to new units coming online) representing an opportunity to focus on loss-to-lease immediately upon acquisition.

Listing Contacts

CV
FL BK3367978, SC 118615
Oakside Companies
EJ
FL GA 349578, FL SL3243464
Oakside Companies
Listed by Oakside Companies

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