5537 Croswell rd - Self-Storage Facilities FOR SALE
Croswell, MI 48422 |
5537 Croswell rd
Croswell, MI 48422
HIGHLIGHTS
- High Yielding Opportunity – In-Place Cap Rate of 7.75%, Pro-Forma Cap Rate of 9.27%
- Significant Capital Improvements implemented in the last year with new drainage and new drainage ditches installed, new gutters, new LED lighting, etc
- Strong year-round occupancy maintaining above 90%
- Opportunity to increase rental rates across 5×10, 10×10, and 10×30 units
- Room for Expansion – Roughly half of the ±3.17 acres can be expanded onto
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CROSWELL SELF STORAGE
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
16400
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.14 AC AC
LAND SF
136,967 SF
ZONING
-
APN/PARCEL ID
150-033-200-060-01,150-033-200-060-02
