750 Indian Trl Rd Cheboygan, MI 49721

Property Details for 750 Indian Trl Rd

Lot size

27.80 lot acres

Property type

Commercial land

APN

091-024-100-012-00

APU

9102410001200

Description

This exceptional investment opportunity presents a 190-unit self-storage facility situated on a sprawling 27-acre lot just south of Cheboygan, Michigan. The property boasts top-quality construction, featuring asphalt roofs, 5-inch concrete floors, and individual roll-up garage doors with separate entry doors for enhanced security and convenience. Each unit is equipped with a water hookup, and electrical service is scheduled for installation by Consumers Energy in the spring. A shared bathroom facility adds further convenience for tenants. The site has received site condo approval, offering significant flexibility for future development or ownership structures. This prime location is only five miles south of downtown Cheboygan, providing easy access to the city's amenities and services. Its proximity to Burt and Mullett Lakes adds to its appeal, attracting both local residents and seasonal visitors. With 189 units currently available and one completed, this property represents a remarkable opportunity for immediate income generation and long-term growth in a high-demand market. The substantial acreage allows for potential expansion and further development, making this a truly exceptional investment prospect. The high-quality construction ensures low maintenance costs and long-term durability, maximizing return on investment. This is a rare chance to acquire a well-established and highly profitable self-storage facility in a desirable location. The asking price is $899,000.