1278 Chapman Lake Dr, Warsaw, IN 46582
This exceptional investment opportunity presents a 20x40 foot storage condo situated at 1278 Chapman Lake Drive #112, Warsaw, Indiana, 46582. Located just off Chapman Lake, this unit offers a convenient and secure storage solution for lakefront property owners. The property boasts a generous lot size of 1,851 square feet and includes key features designed for optimal functionality and ease of use. These features include pre-installed electricity, a garage door for easy access, two LED overhead lights providing ample illumination, and six conveniently placed electrical outlets. This unit is part of the first building in a new development offering storage condo units specifically to serve the Chapman Lake area. While this particular unit is already built, custom-sized units are available in buildings two and three. Detailed bylaws are available upon request. This represents a unique opportunity to acquire a well-appointed storage solution in a highly desirable lakefront location. The asking price for this turnkey storage condo is $56,000. This is a rare opportunity to capitalize on the growing demand for convenient and secure storage near Chapman Lake. Don't miss out on this chance to own a piece of this thriving lakeside community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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