StoreEase Managed – Hoschton, GA

This offering presents the opportunity to acquire a newly constructed, Class-A self-storage facility located in Hoschton, Georgia, professionally managed by StoreEase. Phase I was delivered in April 2024 and consists of 25,800 NRSF (21,600 climate-controlled; 4,200 non-climate). The facility has demonstrated strong early leasing performance, averaging 10 net move-ins per month on a trailing-12 basis.

Phase II—comprising an additional 28,300 NRSF (16,300 climate-controlled; 12,000 non-climate) and 41 uncovered parking spaces—is scheduled to come online within the next month. At full buildout, the facility will total 54,100 NRSF across 371 units, plus 41 parking spaces. Including Phase II, current physical occupancy stands at 32.72%, with economic occupancy at 33.03%.

The property is positioned within a rapidly growing trade area, with the 5-mile population projected to grow over 20% by 2029. The median household income exceeds $99,000 and continues to rise. A unit mix favoring larger sizes aligns well with area demographics, and achieved rents of $10.79/SF annually leave room for continued rate growth as the asset stabilizes.

This facility offers a compelling lease-up story supported by strong market fundamentals, high-quality construction, and professional management infrastructure.