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3000 Delk Road Southeast

Robert Fransen Of Coro Realty Advisors Acquires Self Storage Facility In Marietta For $16.77M
SOLDSelf Storage

Robert Fransen Of Coro Realty Advisors Acquires Self Storage Facility In Marietta For $16.77M

3000 Delk Road Southeast

$16,770,000

Building Size

Asset Type

Self Storage

Closing

Apr 29, 2026

AI

The property asset involved in this transaction is a self-storage facility located at 3000 Delk Road Southeast, Marietta, GA. It consists of 837 units and was sold for a total transaction amount of $16,770,000, which equates to approximately $20,036 per unit.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $16,770,000
  • Units: 837
  • Price Per Unit: $20,036
  • Buyer: Robert Fransen - Coro Realty Advisors
  • Seller: Shamrock Building System
  • Sale Date: 04/29/2026
  • Market: Marietta, GA

This transaction was facilitated by Robert Fransen, who represents Coro Realty Advisors in the acquisition of the Space Shop self-storage facility from Shamrock Building System. The purchase aligns with Coro Realty Advisors' strategy for expansion in the self-storage market.

Players

CA
Coro Realty AdvisorsBuyer
SS
Shamrock Building SystemSeller

Marietta Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.95%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93