Description

6 Acres plus concrete pad poured for 7,600 SF Expansion with Year 4 Stabilized Cap Rate projected at 11.53%. Self-storage opportunity in the northern Lower Peninsula, a region known for its four-season tourism, recreational lakes, and expansive forests. This asset offers a rare blend of current cash flow, development-ready expansion, and significant lease-up potential. Highlights Include: Over 55,000 NRSF with 300+ units across climate-controlled, drive-up, and parking Concrete pad poured for 7,600 SF expansion Lot Size:  ~6 acres Year 4 Stabilized Cap Rate projected at 11.53% Located in a high-demand, low-supply market fueled by year-round outdoor recreation Gated and fenced for remote operational capability Asking Price: $2.769M This is a prime chance to acquire a facility with institutional fundamentals and value-add upside in one of Michigan’s most desirable outdoor markets.