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2564 W Britton Rd 23,100 SF Specialty Building Offered at $1,884,492 CAD at a 7.78% Cap Rate in Perry, MI 48872

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INVESTMENT HIGHLIGHTS

  • Well-established self-storage business available
  • Convenient highway access
  • 188 units

EXECUTIVE SUMMARY

Investment opportunity available with a well-established self-storage facility. This well-maintained property offers seven buildings with 188 total units, ranging from 5x10 to 10x20. With only one available unit, this property offers an incoming producing opportunity with self-storage units space for outdoor storage, grossing approximately $125,000 a year, with potential for more with increasing rents to market rate. The majority of the buildings feature new metal roofs and units are fenced in with elite gate system.
Property is located off of busy M-52 in Perry, across from Perry Public Schools and with convenient access to I-69 and convenient to surrounding neighborhoods.

PROPERTY FACTS

Price $1,884,492 CAD
Price Per SF $81.58 CAD
Sale Type Investment
Cap Rate 7.78%
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 3.80 AC
Building Size 23,100 SF
No. Stories 1
Year Built 1999

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
024-60-006-001-06
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$287,293 CAD
  • Listing ID: 37109283

  • Date on Market: 2024-11-08

  • Last Updated:

  • Address: 2564 W Britton Rd, Perry, MI 48872

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