142-unit Self-Storage Facility Eatonton, GA Online Auction

Thursday, June 5, 2025 at 2:00 pm ONLINE ONLY-Bidding Starts May 26th 12:00 PM ONLINE AUCTION EATONTON, PUTNAM COUNTY, GA Bidding Begins on Monday, May 26th Bidding Ends on Thursday, June 5th Discover a lucrative investment opportunity in Eatonton, Putnam County, GA. This self-storage facility, located at the corner of Martin Luther King Jr Drive and Pea Ridge Road SE, presents a rare chance to own a thriving business with expansion potential. High-Income Self-Storage Facility on 6.5 Acres in Eatonton, GA Now available in Eatonton, Putnam County, GA a rare opportunity to acquire a thriving, income-producing self-storage facility located at the high-traffic corner of Martin Luther King Jr Drive and Pea Ridge Road SE. With strong existing cash flow, high occupancy, and significant room for expansion, this 142-unit facility is perfectly positioned for investors seeking immediate returns and long-term growth potential. Property Highlights: Facility Size: 142 self-storage units Total Acreage: 6.5 acres, offering ample space for future expansion Zoning: C-2 (Community Commercial) Utilities: Water and power available on-site Grossing over $150,000 annually for the past 3 years Financial Performance: 2022 Rental Revenue: $152,710 2023 Rental Revenue: $150,366 2024 Rental Revenue (YTD): $158,422 Occupancy Rate: Averages 8090% Contact us for additional Rent Roll information and Summary Reports Security and Access Features: Gated and security-fenced perimeter 24/7 tenant access via pinpad-controlled rolling gate Well-maintained grounds and accessible layout Managed using Easy Storage Solutions Software for efficient operations and tenant management Mini-Warehouse Details: Various unit sizes from 10X10 to 10X20 Variety of Unit Types: Serving both residential and small business storage needs Expansion Opportunity: With a total site size of 6.5 acres, this facility offers plenty of undeveloped land for future unit additions or complementary services, making it an ideal value-add investment for growth-minded buyers. Additional 4 Acres Available for Expansion In addition to the existing 6.5 acre self-storage facility, an adjoining 4 acre parcel, offered in 3-tracts, located directly in front of the property will also be available at auction. This prime acreage offers outstanding road visibility and accessibilitycreating a rare opportunity to significantly expand your footprint. Whether youre looking to increase storage capacity, add complementary commercial structures, or simply invest in high-traffic real estate, this additional acreage provides limitless potential to grow alongside the rapidly developing Eatonton market. Why This Property Stands Out: Consistent annual income over $150,000 High occupancy with long-term potential Corner location in a growing market Room to expand or enhance operations Professionally managed with digital systems in place Thriving Area with Rapid Residential Growth Putnam County is experiencing a surge in residential development, underscoring the regions growth and increasing demand for commercial services. As of March 1, 2025, over 1,100 new residential units are either in development or proposed, including major projects like Lake Country Villas (306 units), Pfotzer Apartments (264 units), The Lens Villas (90 units), and The Woodlands (84 units). This rapid expansionfueled by both rental and single-family communitiespositions this property at the corner of Martin Luther King Jr Drive and Pea Ridge Road SE to benefit from significant population growth and increased consumer demand. With this boom in housing, the need for storage, retail, and service-oriented businesses is only expected to rise, making this self-storage facility an even more strategic investment. This is a turn-key investment opportunity in one of Georgias steady-growth counties. Whether youre expanding an existing portfolio or entering the self-storage industry, this facility provides an ideal mix of stability and scalability. 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 May 26th and ENDING ON June 5th at 2:00 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 our office. Property lines are approximate.