Projected Gross Internal Rate of Return (IRR): 17.2%
Storage Depot of Douglasville is a two property 227-unit self-storage portfolio spanning 8,000 square feet built in 1998. Storage Depot of Douglasville maintains strong occupancy and includes a retail storefront with Title Max as a featured tenant.
Planned capital expenditure initiatives include refacing and painting the retail building’s front façade, repairing the parking lot, repairing and/or replacing entry gate fencing, making general interior & exterior repairs, and re-branding to Storage Depot of Douglasville.
Cohen Investment Group acquired Storage Depot of Douglasville on September 9, 2020.
Please give us a call or send us a message if you have any questions or would like to learn more about investment opportunities at CIG.