921 Corunna Ave, Corunna, MI 48817
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.
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Attic Storage Corunna Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RA · Corunna, MICorunna. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.