Oak Tree Mini Storage

Business Opportunity for Sale
Catylist Listing ID: 30344358
Property Subtypes: Moving/Storage/Delivery
Building Size (RSF): 8,382 SF
Sale Price: $625,000
Name of Establishment: Oak Tree Mini Storage
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Land contract available.
Last Updated: 4/22/2019

Overview / Comments

SVN | Stewart Commercial Group is proud to bring to market Oak Tree Mini Storage located in Fowlerville, MI. This 2.18-acre lot has plenty of room to at least double the current unit count. Currently, the operation features 2 buildings, built by Wick Building Company, onsite with 60 total units available to rent. Currently running at 98% occupancy. Unit sizes are 10x20; 10x10; 5x10. Easy access, less than a mile off 96 at the Fowlerville exit. New business calling daily asking for units. Rents have not been increased in years and currently operating under market rent. Small upgrades and expansion into the unused area will transform this property into a major self-storage business. Land contract available.

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Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Livingston
Industry Segment: Self Storage
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $550,000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,149 8,006 12,556
Median Age: 35.47 35.12 37.1
Households: 1,630 2,991 4,705
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