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Commercial Property

2540 E Silver Shoals RD, Toccoa Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$850,000
Price / SF
$22.25
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
38,196 sq ft
Year built
1998
NOI
Tenancy
Building height
Building FAR
Lot size
4.94 acres
Zoning
CI
Frontage
775 ft
Listing #
EN-2425
MLS #
10677049

Turnkey, high-cash-flow storage investment offered at $850,000. Property features 115 boat storage units, 22 self-storage units (11 climate-controlled 714 units with 5-ft roll-up doors and 11 standard 1024 units), and two mobile homes producing approximately $6,500/month ($78,000 annually). Current rents are significantly below market, creating a clear and immediate path to increase income to $12,000+ per month through market rent adjustments. Prime location less than 1/2 mile from the main public boat ramp, strategically positioned between multiple boat ramps, gas stations, and high-traffic recreational parks, ensures strong year-round demand. Diversified income streams, strong in-place cash flow, and substantial value-add potential make this an ideal opportunity for investors seeking double-digit returns in a supply-constrained Northeast Georgia market.

Location

GAMLS
Listed by Hammock Realty North Georgia
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10677049

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