341 Goddard Rd - Self-Storage Facilities FOR SALE


Wyandotte, MI 48192
$1,800,000 USD
313-999-6728
341 Goddard Rd, Wyandotte, MI for Sale
$1,800,000 USD
Self-Storage Facilities - FOR SALE
1/21
null | 8% Cap Rate

341 Goddard Rd
Wyandotte, MI 48192


HIGHLIGHTS

  • Cash flow from day one! 180k in rent currently
  • Underdeveloped facility - Lots of room for expansion within current footprint
  • Wyandotte is a vibrant city!

OVERVIEW

Amazing opportunity in Wyandotte Michigan. Underdeveloped self storage facility. Huge value add situation as interior has only about 20% of the space allocated for storage units. No technology, no website. Long term tenant is renting approximately 8k SF. Roof has been maintained. Wyandotte is a thriving community. About 180,000 in revenue in place. Cash flow on day one! Tall ceilings could allow for a mezzanine. Heavy power. Possible rail spur. 24 Hour notice for showings. Listing agent must be present for all showings.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

I-1

APN/PARCEL ID

57-004-18-0007-001

ASK ABOUT THIS PROPERTY

Wayne MichalakNational Realty CentersMore Info
313-999-6728

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Wayne MichalakNational Realty CentersMore Info
313-999-6728

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