Oaktree Storage | Suwanee, GA
Sands Investment Group is Pleased to Present Exclusively For Sale Oaktree Storage Industrial Located at 1619 James Burgess Road in Suwanee, Georgia. This Recently Turned Around Facility Current Sits at 90% Occupancy and the Annual Income is Beginning to Benefit From the Newly Increased Occupancy. This Property Presents an Excellent Opportunity For an Owner/Operator to Achieve an Excellent Return Once the Economic Occupancy Catches Up to the Physical Occupancy. Additional Upsides Include the Available Expansion Room on the Property, Implementing Merchandise Sales and Admin/Late Fees and Mandating Tenant Insurance.
- High Barrier to Entry Market, With Limited Neighboring Parcels That Allow Commercial Use
- Stabilized Self-Storage Facility in an Affluent Neighborhood of Atlanta With Expansion Room
- Tremendous Upside Through Driving Economic Occupancy, Implementing Admin and Late Fees, Mandating Tenant Insurance and Expanding the Site
- Cell Tower Could Exercise Option to Build in the Back of Site Which Would Bring in an Additional $18,000/Year
- Opportune Location For a Kiosk-Managed Model
- Recent Upgrades to the Facility Include a New Monument Sign and New Gravel
- Physical Occupancy Has Been Improved From 63% to 90% Over the Past 6 Months and Continues to Show Positive Growth Trends
- Average Household Income Within a 1-Mile Radius is $192,887
- Forsyth County Has Experienced a 9% Increase in Population Growth Over the Past 10 Years
- The Atlanta MSA is Home to Over Six Million People and Has Grown 13.9% Over the Past 10 Years
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374
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