Storage Xxtra Hwy 155

Location: McDonough, GA
Type: Self Storage
Price: $4,150,000

SMC has provided a $4,150,000 ten-year fixed rate mortgage for the refinance of Storage Xxtra Hwy 155, a single story self-storage storage facility located in the Atlanta suburb of McDonough, Georgia. The Property was developed in 2016 & 2017 and consists of 351 storage units and 8 parking spaces available for rent. Approximately 53% of the units are climate controlled and the Property is approximately 85% occupied as of the twelve months ended September 2020. The Property is located 25 miles south of the Atlanta CBD along Georgia Highway 155, in Henry County. Henry County is one of Atlanta’s most active industrial distribution nodes, benefitting from its location between I-75 and I-675 and as a connecting point between the Port of Savannah and the dense population centers of Atlanta.