ENHOUZ™Business Marketplace
Commercial Property

2540 E Silver Shoals RD, Toccoa Sold

19 views · 2 this week

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

Similar listings

Buyer newsletter

Popular businesses, market tips, and occasional promotions. One email, unsubscribe anytime.