Bought with Give Back Real Estate
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173 West Athens ST Winder, GA 30680
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Key Details
Sold Price $307,500
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision No Recorded Subdivision
MLS Listing ID 972546
Sold Date 01/31/20
HOA Y/N No
Year Built 1992
Annual Tax Amount $3,108
Tax Year 2019
Property Description
Fort Knox Storage Units...Winder...Attention opportunity seekers! This downtown winder storage facility is located in the heart of booming Barrow county. With 8,400 square feet and 10k road count every day, this is a great opportunity for an investor to add significant value through lease up. This 96 units facility has a potential gross income of $6,600 and ancillary income of $850 a month, resulting in a huge upside for an investor seeking massive cash flow and appreciation, and is willing to do some lease up work. These storage units once leased up will have a $54,000 NOI, making it an effective 15% cap rate. Current occupancy is 29.2%. This facility is priced to sell. This property is a opportunity zone! Call today!
Location
State GA
County Barrow Co.
Zoning C3
Interior
Heating Other, See Remarks
Cooling Other, See Remarks
Equipment None
Fireplace No
Exterior
Parking Features Parking Available
Utilities Available Other, See Remarks
Water Access Desc Public
Present Use Industrial
Total Parking Spaces 96
Building
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID WN12534
Ownership Owner
Financing Conventional
Special Listing Condition Standard
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