For Sale
$559,000

173 Athens StWinder, GA 30680

High-yield investment, 96 units, prime location.

Overview

Added:
Feb 3
Days on market:
62
This exceptional investment opportunity presents a thriving mini-storage warehouse located at 173 W. Athens Street in the heart of Downtown Winder, Georgia. Situated on a 0.76-acre lot, this facility comprises 96 units catering to diverse storage requirements. The unit mix includes twelve 10x20' units renting at $150 per month each, thirty-six 10x10' units at $95 per month each, and forty-eight 5x10' units renting for $75 per month each. Adding to the income potential, ten 10x20' parking spaces are available, each generating $50 in monthly rental income. Recent upgrades significantly enhance the property's value and operational efficiency. These improvements include new signage, a complete electrical system overhaul featuring LED security lighting, a new breaker panel, and a new service entrance panel. The property benefits from its strategic location within the City of Winder, GA Opportunity Zone, enjoying high visibility with a daily traffic count of 11,500 vehicles, according to GDOT Traffic Data. Projected monthly income totals $9,320, translating to an annual projected income of $111,840. This well-maintained facility offers a compelling investment opportunity with strong potential for future growth and substantial returns in a vibrant downtown setting.

Property Details for 173 Athens St

Property type
Investment properties
Year Built
1984
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Winder
County
Barrow - GA
State
Georgia
Latitude
33.99579
Longitude
-83.73187
173 Athens St, Winder, Georgia

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173 Athens St
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