Auction Information
3 Acres in Rome, GA
194-unit Prime Self-Storage Facility Rome, Floyd County, Ga Online Auction
Wednesday, February 28, 2024 at 12:00 pm ONLINE ONLY-Bidding Starts Feb 14th 12:00 PM
ROME, FLOYD COUNTY, GA
ONLINE AUCTION BIDDING ENDS February 28th at 12:00 PM
Discover a lucrative investment opportunity in Rome, Floyd County, GA. This self-storage facility, located at 2037 Flannery Street, presents a rare chance to own a thriving business with expansion potential.
Property Highlights:
194-unit self-storage facility on 3 acres
Selling in 1 Tract, zoned Community Commercial
Water and power available
Grossing over $100,000 annually for the past 3 years
Currently at 75% occupancy
Expansion Capability:
Total site size of 3 acres allows for potential facility expansion
Proposed expansion plat available for consideration
Open land at the north end ready for additional mini-warehouses
Security and Convenience:
G...
Gated and security-fenced perimeter
Surveillance cameras for enhanced security
Additional Income Stream:
Leased land under the billboard to Lamar Billboards for $1000 per year
Income Details (Past 3 Years):
2021: Rental Income $98,224.33, Late Fees $6,062.25, Deposit Forfeitures $1,015.00
2022: Rental Income $104,005.25, Late Fees $6,794.66, Deposit Forfeitures $945.00
2023: Rental Income $98,182.31, Late Fees $6,146.15, Deposit Forfeitures $700.00
Contact us for additional Rent Roll information and Summary Reports
2023 Taxes:
J15W 193-$3,686.55
J15w 192-$4,175.79
Total-$7,862.34
Mini-Warehouse Details:
Various unit sizes from 5X5 to 20X30
Diverse unit quantities catering to different storage needs
Electricity: $330.51 monthly
Storage Facility utilizes the Storage Commander software
Seize this opportunity to own and expand a successful self-storage facility. Join our online auction and secure your piece of the thriving storage industry in Rome, GA. Contact us for bidding details and property insights.
PROJECT MANAGER: Chase Tolbert 706.266.0717
INSPECTION: These storage units are currently in operation and out of respect for the renters, viewing is restricted to the perimeter of the fence or by appointment only. Contact our office to set up your private viewing.
BIDDING: The Bidding process will be ONLINE only through our MarkNet Platform BEGINNING ON FEBRUARY 14TH and ENDING ON FEBRUARY 28TH at 12:00 pm. Contact our Office for exact details.
TERMS: 10% down with a balance due on or before 30 days from contract acceptance. 10% Buyers premium will be charged on all purchases.
CLOSING: Closing to be on or before 30 days from sale date/contract acceptance.
BROKER PARTICIPATION: Dempsey Auction Co will pay any licensed Broker/Agent a referral commission for any registered client who successfully closes on the property. CONTACT OUR OFFICE FOR PRECISE DETAILS.
For plats, brochures, Pre-Registration or further sales information on this auction, call us by name at 800.DEMPSEY. Property lines are approximate.
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