A Citizens Storage / A 85 Riverdale Storage Portfolio

635 Poplar Springs Rd | Riverdale | GA | 30274


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Property Highlights

    • Strong Demographics – Right Outside of Atlanta, With a Total Population of 186,364 Residents in Lithonia, and 181,327 Residents in Riverdale.
    • Differentiated Product – Ideal Product Mix Including Climate Controlled, Non- Climate Controlled, Drive-Up Self- Storage, & Indoor / Outdoor Parking.
    • State-of-the-Art Security – Fully Fenced With 24/7 Surveillance Cameras.
    • Expansion Opportunity – Large Parking Areas Provide Opportunity for Expansion, Covered Parking, or More.
    • Upside Potential – Implementing Proper Management and Improving Marketing to Increase Occupancy.
    • Untapped Demand – 6.65 NRSF per Capita in Lithonia Provides Opportunity to Increase Occupancy Due to Limited Supply.

Property Details

  • Available SF: 103,757 SF
  • Units: 1385
  • Transaction Type: For Sale
  • Property Type: Self-Storage
  • Availability: Recently Sold

Property Description

This is an exclusive opportunity to purchase A Citizens / A 85 Riverdale Storage Portfolio.

This portfolio features 2 locations across the Atlanta MSA, totaling 44 buildings, 1,385 units, and 103,757 net rentable square feet. With a large range of unit sizes, the A Citizens / A 85 Storage Portfolio serves a diverse mix of clients with short-term and long-term self-storage needs.

The implementation of professional management and enhancing the facility’s advertising and marketing systems will create a significant increase in rental rates and occupancy. In addition, adjusting rental rates to stabilize occupancy will increase cash flow and value.

This portfolio offers a sophisticated operator massive upside through improving operating fundamentals, marketing and discount strategies, and implementing proper management.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

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Potential
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Total Expenses
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Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %
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Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

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