Gordon Highway Self Storage

Location: Augusta, GA
Type: Self Storage
Price: $ 3,025,000

Gordon Highway Self-Storage is a 6-building, 651-unit self-storage facility that was originally developed in 2004 and then expanded in 2010. The facility is located in Augusta, Georgia, and in close proximity to Fort Gordon and the Dwight D. Eisenhower Veterans Hospital. The financing was part of a 3 property portfolio, which individually resulted in a loan-to-value of 71% and loan-to-cost of 69% with a 30-year amortization.