Matthews Logo

Navigation Menu

Dallas, GA

Dallas, GA Storage Portfolio
Market Bid

Key Information

Tot. SF
43,392
Lot Size
7.78 Acres
Units
514
Type
Self Storage
NOI
$210,235

Highlights

  • Stabilized returns in the 9%+ range, with opportunity to demolish and repurpose two rental homes or lease those to tenants to generate additional income
  • Expansion opportunity included in the sale
  • Portfolio-wide occupancy of 79% by unit and 70% economic occupancy, providing meaningful lease-up opportunity
  • Undersupplied submarket with just 5.42 square feet per capita within five miles of the facilities
  • Located in Paulding County, the second-fastest growing county in Metro Atlanta and Georgia, with ~2.6% annual population growth and median household income approaching $95,000
  • Benefiting from Wellstar Paulding Hospital and its $300 million recent expansion

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203