3050 Commercial dr - Self-Storage Facilities FOR SALE


Midland, MI 48642
$299,000 USD
586-615-0101
3050 Commercial dr, Midland, MI for Sale
$299,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | 9.57% Cap Rate

3050 Commercial dr
Midland, MI 48642


HIGHLIGHTS

  • 4,800 SF Building | 18 Vehicle Spots | 5 Storage Pods
  • 83% occupancy (15 of 18 spots filled, 3 pods leased)
  • 1 Acre | Low annual expenses: $2,600

OVERVIEW

Asking Price: $299,000 CAP Rate: 9.53% | NOI: $28,600 4,800 SF Building | 18 Vehicle Spots | 5 Storage Pods 83% occupancy (15 of 18 spots filled, 3 pods leased) 1 Acre | Low annual expenses: $2,600

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

9.57%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eastman Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Lot, Trailer/Camper Park

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

RESIDENTIA

APN/PARCEL ID

090-028-200-575-00

ASK ABOUT THIS PROPERTY

Maurice KhalifaShowcase One Real Estate Group, Inc.More Info
586-615-0101

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Maurice KhalifaShowcase One Real Estate Group, Inc.More Info
586-615-0101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.