21 South Mini Storage 1790 GA Highway 21 S Immeuble | 2 917 m² | Spécialité | À vendre 3 220 108 € | Taux de capitalisation 4,79 % | Springfield, GA 31329

21 South Mini Storage represents an exceptional acquisition opportunity in Springfield, GA, within Effingham County’s thriving growth corridor. Constructed in 2024, this institutional-grade self-storage facility encompasses 324 units across 31,400 rentable square feet, featuring both climate-controlled and drive-up storage options. The asset is currently 46% physically occupied and delivering consistent cash flow, with economic occupancy at 51.3%. Positioned along Georgia Highway 21, a primary route connecting Effingham County to Savannah, the property benefits from high visibility and steady traffic counts. With current NOI of approximately $176,000 and stabilized projections exceeding $320,000, investors are presented with significant upside potential through lease-up and revenue optimization. Embedded revenue opportunities include increasing occupancy, enhancing rental rates, and leveraging ancillary income streams.
The trade area is markedly under supplied, with only 6.68 square feet per capita, reinforcing strong demand fundamentals. Additionally, average in-place rents ($1.23 per NRSF) remain below stabilized levels ($1.37 per NRSF), providing further growth runway. Built with steel construction and advanced security, the facility requires minimal near-term capital investment. An expansion plan offering an additional 30,000 rentable square feet supports long-term scalability, making this offering ideal for investors seeking quality construction, strong market positioning, and growth potential in one of Coastal Georgia’s fastest-growing markets.