3917 Michigan Avenue Rd NE - Industrial FOR SALE
Cleveland, TN 37323 |
678-576-1780
3917 Michigan Avenue Rd NE
Cleveland, TN 37323
HIGHLIGHTS
- Portfolio-wide occupancy over 93% across 907 units and ±116,831 net rentable SF
- Opportunity to purchase the portfolio at an attractive basis considering the amount of climate-controlled units
- Fully stabilized portfolio despite spending little to no money on advertising
- Opportunity to improve economic occupancy and drive rental rates
- Dayton location is the only climate-controlled facility within 22 miles of that market staying economically and physically full over 89%
- Very attractive returns projected, with 5-year levered IRR at 21%
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Storage Park TN Portfolio
PROPERTY TYPE
Industrial
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1974
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
21.26
LAND SF
926,086
ZONING
-
APN/PARCEL ID
-
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678-576-1780
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678-576-1780
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