746 Houston Rd Warner Robins, GA 31093-2199

Property Details for 746 Houston Rd

Year built

1994

Construction

STEEL FRAME

Lot size

0.89 lot acres

Property size

1,125 SF

Zone code

C2

Property type

Warehouses

Property subtype

Self storage facilities

APN

0W046A 020000

APU

0W046A020000

Description

This exceptional self-storage opportunity in Warner Robins, Georgia presents a compelling investment prospect. The 10,500 square foot facility, built in 1994, comprises four single-story buildings situated on a 0.89-acre lot (APN: 0W046A 020000). Currently boasting 93% occupancy across its 87 units, the property generates a strong net operating income (NOI) of $43,068, representing a 6.50% capitalization rate. A pro-forma analysis projects a significantly improved NOI of $60,478 and a 9.03% cap rate, indicating substantial upside potential. The property benefits from a dense population base, with over 53,000 residents within a 3-mile radius, and is strategically located near numerous apartment complexes and residential neighborhoods. Further growth is anticipated, with a projected annual population increase of 1.90% over the next five years. This presents a rare chance to acquire a well-established, high-performing self-storage asset with clear potential for enhanced profitability through increased occupancy and rental rate optimization. The property's address is 746 N Houston Rd, Warner Robins, GA 31093. The asking price is $670,000.