This fully occupied storage unit property on 1.15 acres offers an exceptional investment opportunity. With 12 units of 5'x10', 8 units of 10'x10', and 8 units of 10'x20', the facility boasts a diverse mix and a 100% occupancy rate, ensuring stable revenue. The property delivers an impressive 8% cap rate and includes a fully operational website with online payment options, streamlining management and tenant convenience. Additionally, there's ample room for expansion on the spacious lot, presenting future growth potential. This turnkey property is ideal for investors seeking that is already up and running. Don't miss out on this lucrative opportunity
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
