Simply Self Storage

Industrial for Sale
Catylist Listing ID: 30173597
Building Size (RSF): 79,199 SF
Gross Building Area: See Agent
Gross Land Area: 3.34 Acres
Sale Price: $5,000,000
Unit Price: $63.13 PSF
Property Use Type: Investment
Building Name: Simply Self Storage
Sale Terms: Other
Cap Rate: 8.41%
Average Occupancy Rate: 95
Last Updated: 1/12/2018

Overview / Comments

624 Unit, Class "A" self storage facility. (1) three-story climate controlled building and (3) single-story, non-climate controlled buildings. 95% occupied.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $1.14 (Annual)

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 41-21-101-049
Tenancy: Single Tenant
Year Built: 2004
Roof Type: Other
Construction/Siding: Brick, Metal/Glass
Exterior Description: Brick/Metal
Parking Type: Surface
Parking Description: Front
Overhead Cranes: Undisclosed
Sprinklers: Other
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,714 79,866 184,356
Median Age: 36.7 36.01 35.85
Households: 4,207 32,140 73,432
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