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MREIS

STORIFY SELF STORAGE

1924 OLD CORNELIA HWY | GAINESVILLE, GA  

ACCESS OM & DEAL ROOM
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LIST PRICE

Market Bid

storage-2

TOTAL UNITS

547

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NRSF

61,630

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$144,088

Current NOI

FACILITY NAME ADDRESS NRSF TOTAL # OF UNITS CLIMATE CONTROLLED UNITS NON-CLIMATE CONTROLLED  UNITS PARKING
SPACES
YEAR
BUILT
LOT SIZE (AC)
Storify Self Storage 1924 Old Cornelia Hwy, Gainesville, GA 61,630 547 485 62 0 2023 6.15
INVESTMENT HIGHLIGHTS
  • Very strong leasing velocity in the first 8 months of operations - already leasing 49% of the units, and 51% of the square footage (C.O. was delivered in June 2023 for the climate-controlled building, and July 2023 for the non-climate buildings)
  • Great area of the North Atlanta MSA with numerous housing developments underway within a 5-mile radius
  • Institutional quality asset in a Top 10 MSA in the country
  • Excellent visibility from Jesse Jewell Pkwy which sees over 30,000 vehicles per day
  • Strong population growth over the last 10 years, with projected growth over the next 5 years at 0.50% annually 
Storify Self Storage-1924 Old Cornelia Hwy-Gainesville-GA-Aerial1@4x-2
Storify Self Storage-1924 Old Cornelia Hwy-Gainesville-GA-Aerial2@4x-1
ACCESS OM & DEAL ROOM
EXCLUSIVELY LISTED BY:
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AUSTIN McLEOD
Vice President & Associate Director
 
DIR +1 (404) 445-1093
MOB +1 (678) 576-1780
License No. 394903 (GA)
BROKER OF RECORD

KYLE MATTHEWS

License No. 80041 (GA)