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4350 Warm Springs Rd, Columbus, GA , 31909

Fountain Mini Storage
$2,550,000

Key Information

Tot. SF
51,940
Units
247
Year Built
2005
Type
Self Storage
Occupancy
93%
NOI
$74,938

Highlights

  • ±51,940 rentable SF facility offered at only $49 per foot – well below replacement cost
  • Significant opportunity to improve performance and drive revenue
  • Local, mom-and-pop management that has been in-place for over 20 years
  • Strong surrounding population with over 59,000 people living in a 3-mile radius
  • Recent capital improvements made including a new roof on the office building and asphalt work
  • Well below market rental rates
  • Several apartment complexes nearby, with Fort Benning and ±15,000 service members only ±20 minutes away
  • Extremely limited online presence and no “Google Tag” on Google Maps, presenting an opportunity to optimize technology and improve performance
  • Over $14k+ in tenant insurance NOI still left to take advantage of

Photos

Location

Agents

Broker of Record

Bill Pedersen

License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203