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Lender-Owned Self-Storage Property With Additional Income

Lender-Owned Self-Storage Property With Additional Income

Economy Self-Storage presents an exceptional value-add investment opportunity in the growing Augusta, Georgia market. Strategically located on a busy thoroughfare, the property offers high visibility and strong potential for income growth under improved management. The facility was historically well-occupied. The property has recently come under new professional management and is already showing signs of a rapid lease-up trend. The property offers four distinct income streams, providing diversification and stability potential for investors: 1. 122 non-climate controlled storage units 2. Two office suites – one leased and one available for occupancy 3. Parking income via a U-Haul contract, generating 15% of lease income 4. Lease with Wow Way West Utility Station With strong fundamentals, a growing local economy, and significant upside through improved operations and marketing, this facility represents an outstanding opportunity for a savvy investor to unlock substantial value through stabilization and rent optimization.

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