Even so, the portfolio is well-positioned to draw occupancy from the growing Atlanta demographic, Stacey Gorman, senior vice president of investments at Marcus & Millichap’s Atlanta office, said in prepared remarks. The assets are located in a highly-penetrated self storage market, with nearly 8.5 square feet of storage per capita. Completed in 1999, the facility includes RV and boat parking spaces as well as climate-controlled units. A 538-unit property at 5534 Highway 92 in Acworth, Ga., that sold for $5.4 million.Built in phases between 20, the asset offers drive-up access options, climate-controlled units and RV and boat storage spaces. A 529-unit facility at 13700 Highway 9 North in Alpharetta, Ga., acquired for nearly $10.9 million.Built between 19, the property offers climate-control options as well as RV and boat parking spaces. in Sugar Hill, Ga., that traded for $10.5 million, according to Fulton County records. A 538-unit facility at 130 Peachtree Industrial Blvd.Storage spaces include climate-controlled units and RV and boat parking spaces. Located at 1715 Peachtree Parkway, the 516-unit property offers 85,381 square feet across nine single-story buildings. Built in 2020, the 76,356-rentable-square-foot asset offers climate-controlled units ranging between 25 and 300 square feet.Īnother Cumming facility traded for more than $10 million, the same data provider shows. Reliant also acquired a 519-unit facility at 6075 Post Road in Cumming, Ga., for $13.6 million. All storage spaces are climate-controlled, with the larger units offering drive-up access.
Completed in 2006, the three-story building offers 536 units. The property traded for more than $17 million, according to Cobb County records. The transaction included the 536-unit facility at 2909 Log Cabin Drive SE in Smyrna, Ga. The facilities will operate under the Midgard Self Storage flag. Marcus & Millichap arranged the transaction on behalf of the seller and helped procure the buyer. The seller was Your Extra Attic, a family-owned business. The properties traded for more than $67 million, according to Fulton County and Cobb County records. We welcome you to explore why real estate investors and tenants turn to Reliant Real Estate Services for all of their property management needs.Reliant Real Estate Management, a Midgard Self Storage affiliate, has acquired a six-property self storage portfolio totaling 3,070 units in metro Atlanta.
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