1790 GA-21, Springfield, GA 31329 For Sale

21 South Mini Storage – Springfield is a newly constructed self-storage facility strategically located along Georgia Highway 21 in Springfield, GA, one of the primary corridors connecting Effingham County to the Savannah metropolitan area. Completed in 2024, the Property features 324 units totaling 31,400 rentable square feet across a mix of climate-controlled and drive-up storage options. Currently 46% physically occupied and 51.3% economically occupied, the facility offers immediate in-place cash flow with significant lease-up upside.

The Property generates approximately $176,000 of current NOI and is projected to stabilize at more than $320,000 of NOI as occupancy increases and rental rates mature. Current average rents of $1.23 per NRSF remain below the projected stabilized rate of $1.37 per NRSF, providing investors with multiple avenues for revenue growth through continued lease-up, rental rate optimization, and increasing ancillary income.

Built with modern steel construction, extensive security features, controlled gate access, and minimal near-term capital requirements, the offering presents a rare opportunity to acquire an institutional-quality, newly developed self-storage asset at an early stage of stabilization within one of Coastal Georgia's fastest-growing markets.