Property summary
This exceptional investment opportunity presents a well-established mini-storage facility located at 7955 N Harrison, Roscommon, MI. The property encompasses 1.08 acres and features two buildings, each measuring 100 feet by 24 feet, providing a total of 4,800 square feet of rentable space. Currently housing 40 individual storage units, the facility offers a variety of sizes to cater to diverse customer needs. Unit sizes and rental rates are as follows: 10x10 units at $55 per month, 10x12 units at $65 per month, and 10x24 units at $125 per month. Constructed in 2007, the property is well-maintained and boasts ample parking for RVs and boats. Six LED yard lights ensure excellent nighttime visibility and security. Operating costs are remarkably low, with electricity averaging approximately $50 per month. The facility also benefits from an established online payment system, streamlining the rental process for tenants. This turnkey operation presents a rare opportunity for investors seeking a profitable and low-maintenance venture in a desirable location. The asking price for this thriving business is $229,900. This represents a strong return on investment given the current rental income and low operating expenses. Don't miss this chance to acquire a proven, successful business.
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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