About 5450 W Shelby Road
Great self-storage investment producing consistent monthly cash flow with minimal owner involvement. Conveniently located between US-31 and Stony/Silver Lakes, this property provides high visibility and easy access. It has experienced steady occupancy growth year after year and is ready for the next phase of expansion. Current ownership recommends constructing 1 more building and adding fencing to attract RV & boat storage. Built in 2019 & 2022, the buildings features industry-standard Trachte all-steel construction for durability and low maintenance. The property is already set up for easy remote management and all tenants are on monthly autopay. The seller is willing to train the new owner. Priced at an attractive 8% cap rate, with value-add opportunity, this is an investment that is hard to beat.
Features of 5450 W Shelby Road
MLS® # | 67025046339 |
---|---|
Price | $750,000 |
Bathrooms | 0.00 |
Acres | 2.20 |
Year Built | 2019 |
Type | Commercial |
Status | Active |
Community Information
Address | 5450 W Shelby Road |
---|---|
Area | 64091 - Benona Twp |
City | Benona township |
County | Oceana |
State | Michigan |
Zip Code | 49455 |
Amenities
Parking | Gravel |
---|---|
Is Waterfront | No |
Has Pool | No |
Interior
Heating | None |
---|---|
Fireplace | No |
Exterior
Lot Description | Easement |
---|---|
Construction | Metal Siding, Steel Siding |
Foundation | Slab |
School Information
District | Shelby |
---|
Additional Information
Foreclosure | No |
---|---|
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Wickstra Realty, Inc. |
---|---|
Contact Info | calvin@wickstra.com |