194-unit Prime Self-Storage Facility Rome, Floyd County, Ga Online Auction

Wednesday, February 28, 2024 at 12:00 pm — ONLINE ONLY-Bidding Starts Feb 14th 12:00 PM

ROME, FLOYD COUNTY, GA

ONLINE AUCTION – BIDDING ENDS February 28th at 12:00 PM

Discover a lucrative investment opportunity in Rome, Floyd County, GA. This self-storage facility, located at 2037 Flannery Street, presents a rare chance to own a thriving business with expansion potential.

Property Highlights:

• 194-unit self-storage facility on 3± acres
• Selling in 1 Tract, zoned Community Commercial
• Water and power available
• Grossing over $100,000 annually for the past 3 years
• Currently at 75% occupancy

Expansion Capability:

• Total site size of 3± acres allows for potential facility expansion
• Proposed expansion plat available for consideration
• Open land at the north end ready for additional mini-warehouses
• [Click Here for conceptual drawing for proposed expansion]

Security and Convenience:

• Gated and security-fenced perimeter
• Surveillance cameras for enhanced security

Additional Income Stream:

• Leased land under the billboard to Lamar Billboards for $1000 per year

Income Details (Past 3 Years):

• 2021: Rental Income $98,224.33, Late Fees $6,062.25, Deposit Forfeitures $1,015.00
• 2022: Rental Income $104,005.25, Late Fees $6,794.66, Deposit Forfeitures $945.00
• 2023: Rental Income $98,182.31, Late Fees $6,146.15, Deposit Forfeitures $700.00

2023 Taxes:

• J15W 193-$3,686.55
• J15w 192-$4,175.79
• Total-$7,862.34

Mini-Warehouse Details:

• [Click Here for Storage Site Map]
• Various unit sizes from 5X5 to 20X30
• Diverse unit quantities catering to different storage needs
• Electricity: $330.51 monthly

Seize this opportunity to own and expand a successful self-storage facility. Join our online auction and secure your piece of the thriving storage industry in Rome, GA. Contact us for bidding details and property insights.

REFERRAL FORM SURVEYS / MAPS