Richmond Self Storage | Augusta, GA
Sands Investment Group is Pleased to Present Exclusively the Richmond Self Storage Facility For Sale Located at 3455 Wrightsboro Road in Augusta, Georgia. The Facility Was Built in 1983, With a Recent Climate Controlled Expansion in 2017 and Features 39 Climate-Controlled Units and 96 Non-Climate Units, Totaling 12,395 Net Rentable Square Feet. With a Current Physical Occupancy of 68.15%, and an Economic Occupancy of 47.44%, This Opportunity Presents Significant Upside For the Next Buyer to Increase Economic and Physical Occupancy With a More Active Management Solution.
- This Facility Features a Diverse Mix of Non-Climate, Climate-Controlled and Parking Units
- Fully Secured Site With Gate Access, Security Cameras and an On-Site Office
- Significant Upside Available to Next Buyer Through Increasing Economic and Physical Occupancy
- Two New Climate Controlled Buildings Built in 2017
- Ancillary Income Generators Such as Retail Sales, Admin/Late Fees and Tenant Insurance Can Be Implemented or Improved to Boost Collections
- Excellent Visibility From Interstate 520/Bobby Jones Expressway Which Sees Over 96,900 Vehicles Per Day
- Facility is Located in the Heart of Augusta, With Over 151,000 People Within a 5-Mile Radius
- Augusta is the 2nd Largest City in Georgia, With a Population of 608,980 People Within the MSA
- Nearby Tenants Include: Burger King, Dollar Tree, Forever 21, Dillard’s, Macy’s, T.J. Maxx, Starbucks, Walmart Supercenter and More
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374
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