Randy LaPrezeBig Rapids Realty, REALTOR®

231-349-1395

5450 W Shelby Road, Shelby, MI 49455

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$750,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Shelby
  • County Oceana
  • Township Benona Twp
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement  
  • Garage  
  • Acreage 2.2
  • Heat Type None
  • Central Air  
  • Year Built 2019
  • Style  
  • Exterior  
  • Taxes  
  • SEV 266400
  • Zoning  
  • Parcel 011-013-100-16
  • Lot Size 287x330 m/l

Features

Great self-storage investment producing consistent monthly cash flow with minimal owner involvement. Conveniently located between US-31 and Stony/Silver Lakes, this property provides high visibility and easy access. It has experienced steady occupancy growth year after year and is ready for the next phase of expansion. Current ownership recommends constructing 1 more building and adding fencing to attract RV & boat storage. Built in 2019 & 2022, the buildings features industry-standard Trachte all-steel construction for durability and low maintenance. The property is already set up for easy remote management and all tenants are on monthly autopay. The seller is willing to train the new owner. Priced at an attractive 8% cap rate, with value-add opportunity, this is an investment that is hard to beat.

Directions From US31 and Shelby Rd, head west on Shelby Rd to North on 58th to access driveway running west to property.
Listing Courtesy of Calvin Roskam - Wickstra Realty, Inc.

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