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Self storage 217 units near large military base and growing community
| Asking Price: | $890,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The property is located near the greater Savannah area in Liberty County, GA. Home of one of the larger Army Divisions, Liberty County remains the largest employer and has a major economic impact in the area. Traffic count is approx. 25,000 cars daily. Between 1990 and 2000 the area experienced an increase in population by approx. 41%. Additional 10,000 people expected by Spring 2010-military.
About the Business
Year Established:2003
Employees:1 full time - 1 part time
Facilities:The subject property consists of five buildings and approx. 26,000 RSF with an on-site management office (in process of replacement upgrade). The property sits on 3+/- acres and offers excellent visibility on a high traffic road. Property features metal exterior and interior construction, electronic access, fence and lighting and has a large lighted sign along the main highway. Property maintains records with Mystic software
Market Outlook and Competition:This property offers an exceptional return in an area that is growing and is a major army base deployment center. It is the only facility on the East side of town. At approx. 71% occupancy there is opportunity to expand marketing, increase revenue and NOI as well as add climate control or traditional storage units
About the Sale
Management Training and Support:Will train for two weeks at no additional cost
Reason For Selling:Owns other business and trying to raise capital
Seller Financing:Some seller financing available for qualified buyer
KEYWORDS: storage, self-storage, self storage
Sell Your Business | This listing has been viewed 308 times
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Current Search
Industry: Moving, Storage and Delivery
Segment: Self Storage Next Listing: 8% CAP Rate - 630 Units
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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