1210 W Hwy 16th Hwy, Newnan, GA 30263

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Sold Price
$500,000
List Price
$582,000

Property Description

LOCATED IN NEWNAN, GA. Welcome to the busy town of Newnan, GA. You will enjoy investing in this self-storage facility in an area that is growing. The property has 2 buildings of storage units with additional acreage that is rentable for parking of motor homes, boats, etc. Plenty of ROOM FOR EXPANSION if you wish to build more. Currently there are 52 units each with its rollup door. 5x10 (16 units), 10x10 (28 units), 10x20 (8 units) 4 of these have doors at front and rear. Additionally there are 15 spaces designated for outside parking. Bringing a total of 66 RENTABLE UNITS. The property is surrounded by a chain link fence with coded lock on the gate. Currently occupied at 88%, you will have tenants in place from day one! Seller has security cameras on the property. This property has been pre-approved with an SBA lender. Supporting documents are available.

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Calculator source: Real Geeks

Listing courtesy of Fesperman Real Estate. Selling Office: Fesperman Real Estate.