Very Strong, Turn-Key Investment Opportunity! Gaylord's only climate-controlled storage unit complex presents a unique opportunity for local and non-local investors. The 72-unit facility was built out in 2021 and has been successfully operating ever since. Online move-ins, keypad tenant access, bathroom, as well as indoor and outdoor security. Low vacancy rates with very strong cashflow representing a 10% cap rate. Professionally managed for the hands-off buyer, but additional cash flow available for an owner/operator. There is room to grow in the fenced area at the rear of the building, which could be utilized for outdoor storage or additional indoor units. Priced to sell!
General Information
Price: $749,900
Price/SqFt: $94
Status:
MLS#: 201838165
City: gaylord
Post Office:
County: Otsego
Acres: 0
Lot Dim: 96x400x126x432
Size: 8,000 sq.ft.
Year Built: 0
Property Type: Business Op
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0
Listing Courtesy of: Ryan Wojan of smith realty GROUP
