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
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