59 Unit Self-Storage Facility West Michigan

Michigan
59 Unit Self-Storage Facility West Michigan
Off Market
Property Details

Asking Price
680,000
Net Operating Income
48,345
Square Feet
10,000 sq ft
Units
59
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Description

Storage Building on .94 Acres with vacant commercial office suite provides strong in-place income and immediate value-add upside. Property Highlights: Asking Price: $680K   Approx. 10,000 SF self-storage facility on .94 acres Drive-up, non-climate storage units of multiple sizes Two commercial office suites (one currently vacant) Heated garage space with 3 doors (1,500 SF) Hands-free, 24-hour access with phone/online rentals Simple, manageable asset – ideal for local or first-time investors Financial Summary  2025 Gross Rents: ~$71,000 Current NOI: $48,345 Stabilized NOI (office leased): ~ $60,000 Projected Stabilized Cap Rate: ~8.8%

Location

Michigan

Contact Information

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