Property Listing No Longer Available for Sale

3103 Spring Grove Drive, Augusta, GA

Industrial for Sale - $1,200,000 - 58,140 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#758020
Location
  3103 Spring Grove Drive
  Augusta GA 30906
UpdatedDecember 12th, 2014
TypeIndustrial
Price$1,200,000
Building58,140 Sq. Ft.
Land49299.44 acres

Property Description

South Side Self Storage is approximately 58,140 net rentable square foot self-storage facility, situated on 4.09 acres in Augusta, Georgia. The subject property was built in 2004 and has 370 storage units, along with parking spaces for RV/Boat Storage.

Amenities at this property include, but are not limited to: drive-up self-storage units, keypad gate access, perimeter fencing, moving and packing supplies, video security surveillance, and central manager' s office. The central manager's office was constructed in 2011.

Households in the area are expected to grow significantly due to the recent and continued expansion of Fort Gordon Military's expansion of Cyber Command.

This will be a major boon to the local market which is currently drawing jobs and investment capital. Offered at $1,200,000, this asset presents a unique opportunity for an investor to acquire a self-storage facility in an expanding market.

Contiguous to the property is 2.05 acres with frontage on Deans Bridge Road, this can be assembled and made part of the acquisition. The land is listed for $350,000 and is zoned B-2. It's address is 3292 Deans Bridge Road. A link to the Offering Memorandum can be viewed by entering the following URL:

http://properties.svn.com/docs/documents/187159.pdf?token=f5d1348fc63ba6284a9682f7444741ef2777c526

Location Description:

Located off of Deans Bridge Road and near Bobby Jones Expressway. Deans Bridge Road is a major east-west thoroughfare, which serves as one of the travel corridors to Fort Gordon.

Highlights:

>> Expanding Market, Cyber Command

>> Management Upside

>> Additional Land For Expansion, 2.05 acres zoned B-2 with frontage on Deans Bridge

* Email for additional photos


Financials

Sales Info:

>> Commision split: 3.0%