115 Hwy, Gwinn, MI 49841
Exceptional investment opportunity in Gwinn, MI, featuring three established storage facilities totaling 150+ units and extensive outdoor storage. Secure-All Storage comprises four buildings with 104 units ranging from 12x15 to 12x60, including unique 12x60 units ideal for pontoons, plus ample outdoor storage. This facility, situated on over 5 acres, is fully fenced with a coded gate, security lighting, and cameras. Adjacent Wellington Storage offers 20 efficient 10x20 units. Sorensen Development Storage adds another 26 units, with a mix of 12x15 and 12x30 sizes. All facilities boast a strong rental history, consistently high occupancy, and are built with high-quality materials for optimal space and accessibility. The property's location and unit sizes cater to a high demand, ensuring immediate profit generation for the new owner. The expansive outdoor storage area also provides additional revenue streams. This turnkey operation presents a rare chance to acquire a well-established and profitable storage business. The property includes 34,560 square feet of building space on an 11.52-acre lot. The asking price is $2,070,000.
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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