3819 N Valdosta Rd, Valdosta, GA
Management Partner: Cubesmart
Rentable Area: 63,330 square feet
Units: 428
Only class-A facility in the Valdosta MSA.
The Valdosta saw a 4.19% population increase since the 2010 census
Valdosta State University and Moody AFB help create the significant unmet market demand.
This 63,3300 rentable square foot facility opened in February of 2018 as the only 3rd party REIT managed facility in the market. Cubesmart oversaw a lease up which reached 80% physical occupancy in less than 18 months due in part to excellent market demand and traffic counts in excess of 30,000 per day.
Sold to Southern Self Storage in March of 2021. 21% IRR return to investors after a 4 year hold.
