A Citizens Storage / A 85 Riverdale Storage Portfolio
635 Poplar Springs Rd, Riverdale, GA 30274
Overview
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.
Property Details
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.
Location
No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.