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4350 Warm Springs Rd - Fountain Mini Storage 51,940 SF Specialty Building Offered at $2,550,000 at a 2.72% Cap Rate in Columbus, GA 31909
INVESTMENT HIGHLIGHTS
- ±51,940 rentable SF facility offered at only $49 per foot – well below replacement cost.
- Local, mom-and-pop management that has been in-place for over 20 years.
- Recent capital improvements made including a new roof on the office building and asphalt work.
- Significant opportunity to improve performance and drive revenue.
- Strong surrounding population with over 59,000 people living in a 3-mile radius.
- Several apartment complexes nearby, with Fort Benning and ±15,000 service members only ±20 minutes away
EXECUTIVE SUMMARY
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| Price | $2,550,000 | Building Class | C |
| Price Per SF | $49.10 | Lot Size | 5.37 AC |
| Sale Type | Investment | Building Size | 51,940 SF |
| Cap Rate | 2.72% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2005 |
| Property Subtype | Self-Storage | Parking Ratio | 0.21/1,000 SF |
| Price | $2,550,000 |
| Price Per SF | $49.10 |
| Sale Type | Investment |
| Cap Rate | 2.72% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 5.37 AC |
| Building Size | 51,940 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Parking Ratio | 0.21/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 083-028-004A | Improvements Assessment | $1,011,760 |
| Land Assessment | $168,012 | Total Assessment | $1,179,772 |
PROPERTY TAXES
Parcel Number
083-028-004A
Land Assessment
$168,012
Improvements Assessment
$1,011,760
Total Assessment
$1,179,772
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4350 Warm Springs Rd - Fountain Mini Storage
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