Skip to the main content.

Dresden Drive Mini Storage

Description

Unique opportunity to acquire a 100-Unit storage facility with a steady cash-flow, located in a strategic location. This property features three one-story, non-climate controlled self-storage buildings with 100-units totaling approximately 21,580 Sq. Ft., of rentable space and 41,818 of land area. The property is virtually fully occupied year-round. The unit-mix is comprised of standard sizes ranging from 40 Sq. Ft., to 300 Sq. Ft. Built in 1987, all buildings are in good condition and have a good overall market appeal. The rents were increased in September, 2022 which will now generate $180,960.00 in annual revenues, with annual NOI of $100K+. The business currently operates with an on-site manager, operating from an on-site office.

INVESTMENT HIGHLIGHTS:
  • Strategic Location: The property offers fronts of 130 ft. along a local busy road. The area is densely populated, surrounded by new mixed-use developments, and multi-family housing units. 
  • Opportunities For Near-Term Growth: The property has provided a steady cash flow for years by relying only on word-of-mouth referrals, providing growth opportunities if actively marketed. 
  • Multiple Storage Sizes: The variety of storage sizes ranging from 40 Sq. Ft. to 300 Sq. Ft. meets all client’s needs

Financial information

  • $1,880,000.00 Asking Price
  • $100,000.00 Cash Flow
  • $180,960.00 Gross Revenue
  • N/A FF & E
  • N/A Inventory
  • No Financing

Reason for sale

Retirement.

Facilities

There are 100 rentable units and an on-site management office.

Detailed information

  • Home Based:

    No

  • Franchise:

    No

  • Distressed:

    No

  • Relocatable:

    No

  • Year Established:

    1987

  • Year Acquired:

    1987

  • Willing To Train:

    Seller is willing to train new owner for a smooth transition.

  • Real State Available:

    Yes

  • Is Property Leased:

    No

  • Real Estate Included:

    Yes

  • Is Management Staying:

    No

  • Days Open:

    Monday - Sunday

  • Hours Open:

    24/7

  • Full Time Employees:

    1

  • Part Time Employees:

    N/A

  • Building Size:

    21,580 SQ. FT., of rentable space - There are 100 rentable units and an on-site management office.

  • Listing Id:

    SA1634

Contact Us
Business location

Chamblee, GA

Atlanta’s #1 Business Broker

Ready to take the next step? Fill out the form below, and let’s explore how we can help you achieve your goals. From buying and selling to growing your business, we’re here to guide you every step of the way. Let’s make success happen—together.

  (770) 936-9099 

 info@sunbeltatlanta.com

Join Our Distribution List

Get early access to new opportunities by joining our distribution list.