F1-6950 Windjammer Ave Kewadin, MI 49648
Storage condo includes electric outlets, a 20-foot ceiling, and a 16x16 overhead door with opener.
- Added:
- Jun 26, 2026
- Days on Market:
- 16
- Last Refresh:
- Jul 10 at 1:58 am
Property Features for F1-6950 Windjammer Ave
General Information
- Standard status
- Active
- Size
- 880 SF
Listing office Century 21 Northland-Elk Rapids (989) 350-6778
Listing date Jun 26, 2026
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Northland-Elk Rapids
Investment Insights
Based on property information with market context.
Located in Kewadin, the property is described as being close to Elk Rapids and the Chain of Lakes recreational area.
The unit’s configuration and amenities make it well-suited for storing recreational items, including boats, recreational vehicles, and other toys.
Key Highlights
- Storage condo located in Kewadin, close to Elk Rapids and the Chain of Lakes recreational area
- Includes electric outlets
- 20‑foot ceiling height
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.6k | $12.00 |
| − Vacancy | −$528 | −$0.60 |
| EGI | $10.0k | $11.40 |
| − OpEx | −$3.0k | −$3.42 |
| NOI | $7.0k | $7.98 |
