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1020 Appalachian Hwy - 1020 & 5171 Appalachian Hwy, Blue Ridge, GA 3 31,640 SF Specialty Building Offered at $9,100,000 at a 4.40% Cap Rate in Blue Ridge, GA 30513
Investment Highlights
- 108,713 NRSF across two facilities within five miles of one another along Appalachian Hwy
- Value-add through professional management — both properties currently owner-operated
- Priced at only $75 per rentable SF with nearly half of units climate controlled
- Lease-up upside from 50% to 90% occupancy following recent expansion
- Only $1,000/year spent on advertising; clear opportunity to implement a marketing plan
- Fannin County issued 390 new residential building permits in 2024 supporting growth
Executive Summary
Maxx Bauman
License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
Property Facts
| Price | $9,100,000 | Building Class | C |
| Price Per SF | $83.71 | Lot Size | 14.45 AC |
| Sale Type | Investment | Building Size | 108,713 SF |
| Cap Rate | 4.40% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1996 |
| Property Subtype | Self-Storage | Parking Ratio | 0.22/1,000 SF |
| Zoning | 01 | ||
| Price | $9,100,000 |
| Price Per SF | $83.71 |
| Sale Type | Investment |
| Cap Rate | 4.40% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 14.45 AC |
| Building Size | 108,713 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | 01 |
Amenities
- Property Manager on Site
- Signage
- Air Conditioning
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $512,092 | |
| Land Assessment | $365,084 | Total Assessment | $877,176 |
Property Taxes
Parcel Numbers
Land Assessment
$365,084
Improvements Assessment
$512,092
Total Assessment
$877,176
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1020 Appalachian Hwy - 1020 & 5171 Appalachian Hwy, Blue Ridge, GA 3
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