Description

Turnkey, newly built storage facility 76% Occupied with $134,314 Gross Income in 2025. Near major highways, vibrant communities, and the Lake Michigan shoreline with proven operations and stable in-place cash flow. Continued lease-up offers immediate revenue upside, supported by strong local demand and market fundamentals. Ongoing area revitalization—including a grant-funded historic hotel renovation and multiple community development projects—positions the asset for long-term value growth. Financial Performance: 2024 Gross Revenue: $126,343 2025 Gross Revenue: $134,314 Expenses: $56,832 NOI: $77,482 Turnkey, newly built storage facility with proven operations and stable in-place cash flow. Continued lease-up offers immediate revenue upside, supported by strong local demand and market fundamentals. Ongoing area revitalization—including a grant-funded historic hotel renovation and multiple community development projects—positions the asset for long-term value growth.