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Self Storage

Acworth Lake Storage

4892 Lake Acworth Dr Acworth, GA 30101

Number of Units: 105 storage units 59 parking spaces

Occupancy: 91%

Rentable SF: 15,280

Year Built: 1981; Renovated 1996

This listing has been sold.

Investment highlights

  • High population growth market
  • Strong household income
  • Year 3 Proforma 8.8% cap rate
  • High traffic area (approx. 24,400 VPD)
  • Substantial value add opportunity through revenue management

General description

Acworth Lake Storage consists of 105 non-climate storage units and 59 uncovered parking spaces. The property is fenced and gated with gravel drives. It is an established U-Haul rental facility and receives additional income from this service. Situated along busy Highway 92, approximately 24,400 vehicles pass the facility each day.  This property is a prime location for boat & RV storage, due to its close proximity to both Lake Acworth and Lake Allatoona.

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