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
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. Â This property is a prime location for boat & RV storage, due to its close proximity to both Lake Acworth and Lake Allatoona.