51 W Adams St, Forsyth, GA

Listing agent David Perlleshi

Listing office Franklin Street - Corporate d***@SIGnnn.com Show Phone

Listing date Jan 9, 2025

Source Moodyscre

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Overview

This cash-flowing self-storage facility is comprised of 104 climate-controlled units, totaling 14,236 net rentable square feet. The facility is set up for remote management, featuring exterior security, keypad entry, and management software. The property benefits from extremely limited competition for climate-controlled storage in the immediate trade area, which bodes well for future rent growth. There is an opportunity to increase revenue through completion of lease-up and stabilization, and maximizing fee revenue. The surrounding area has experienced rapid population growth of 2.6% annually since 2020, and this growth is projected to continue over the next five years. Located in Forsyth, Georgia, the property is in the county seat of Monroe County, which is home to 30,625 residents. The Macon-Bibb County MSA, the fifth largest in the State of Georgia, is home to 236,074 residents.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Forsyth

County

Monroe

State

Georgia

Longitude

-83.9406

Latitude

33.036

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FAQs

What type of property is this?

Self storage facility - Self-storage facility with 104 climate-controlled units in Forsyth, Georgia.

Where is this self storage facility located?

The property is located at 51 W Adams St Forsyth, GA.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Cash‑flowing self‑storage facility with **104 climate‑controlled units totaling 14,236 net rentable square feet.**; Limited competition for climate‑controlled storage in the immediate trade area.; Opportunity to increase revenue through lease‑up, stabilization, and maximizing fee revenue.