![Icons-Blue_PropertyInfo-Price-1 Icons-Blue_PropertyInfo-Price-1](https://info.matthews.com/hs-fs/hubfs/icons/Icons-Blue_PropertyInfo-Price-1.png?width=100&height=100&name=Icons-Blue_PropertyInfo-Price-1.png)
LIST PRICE
Market Bid
![storage-2 storage-2](https://info.matthews.com/hs-fs/hubfs/storage-2.png?width=100&height=100&name=storage-2.png)
TOTAL UNITS
547
![Icons-Blue_PropertyInfo-SquareFeet-2 Icons-Blue_PropertyInfo-SquareFeet-2](https://info.matthews.com/hs-fs/hubfs/icons/Icons-Blue_PropertyInfo-SquareFeet-2.png?width=100&height=100&name=Icons-Blue_PropertyInfo-SquareFeet-2.png)
NRSF
61,630
![Icons-Blue_PropertyInfo-NOI-1 Icons-Blue_PropertyInfo-NOI-1](https://info.matthews.com/hs-fs/hubfs/icons/Icons-Blue_PropertyInfo-NOI-1.png?width=100&height=100&name=Icons-Blue_PropertyInfo-NOI-1.png)
$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 |
![1-STORIFY](https://info.matthews.com/hubfs/1-STORIFY.png)
![2-STORIFY](https://info.matthews.com/hubfs/2-STORIFY.png)
![3-STORIFY](https://info.matthews.com/hubfs/3-STORIFY.png)
![4-storify](https://info.matthews.com/hubfs/4-storify.png)
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-Aerial1@4x-2](https://info.matthews.com/hs-fs/hubfs/Storify%20Self%20Storage-1924%20Old%20Cornelia%20Hwy-Gainesville-GA-Aerial1@4x-2.png?width=2000&height=1500&name=Storify%20Self%20Storage-1924%20Old%20Cornelia%20Hwy-Gainesville-GA-Aerial1@4x-2.png)
![Storify Self Storage-1924 Old Cornelia Hwy-Gainesville-GA-Aerial2@4x-1 Storify Self Storage-1924 Old Cornelia Hwy-Gainesville-GA-Aerial2@4x-1](https://info.matthews.com/hs-fs/hubfs/Storify%20Self%20Storage-1924%20Old%20Cornelia%20Hwy-Gainesville-GA-Aerial2@4x-1.png?width=2000&height=1500&name=Storify%20Self%20Storage-1924%20Old%20Cornelia%20Hwy-Gainesville-GA-Aerial2@4x-1.png)
EXCLUSIVELY LISTED BY:
![]() 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)