921 Corunna Ave Corunna, MI 48817

Property Details for 921 Corunna Ave

Year built

1980

Lot size

3.03 lot acres

Property size

20,912 SF

Zone code

RA

Property type

Warehouses

Property subtype

Self storage facilities

APN

026-50-002-001

APU

2650002001

Description

This exceptional self-storage investment opportunity in Corunna, Michigan, presents a compelling prospect for discerning investors. The property boasts a remarkable 95% occupancy rate, generating a substantial annual income of $130,000. Comprising six buildings on a 3.03-acre lot (APN: 026-50-002-001), this facility offers 184 units ranging in size from 5'x10' to 10'x30', catering to a diverse range of storage needs. Built in 2000, the property benefits from a secure environment, enhanced by a perimeter fence and on-site security cameras. Currently managed by the owner using Easy Storage Solutions software, this turnkey operation is strategically located between Corunna and Owosso, conveniently situated across from an apartment complex and a single-family residential neighborhood, with easy access to M-52. The asking price is $1,900,000, translating to an attractive price per unit of $10,326.09. This presents a rare chance to acquire a well-established, high-performing self-storage business with significant growth potential. The property's strong occupancy and prime location make it an ideal investment for those seeking stable returns and long-term appreciation.