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6812 N Saginaw Rd, Midland, MI, 48642

Bakus Self Storage

$4,500,000

Key Information

Cap Rate
6.48%
$ per SF
$87
Tot. SF
51,145
Lot Size
6.08 Acres
Units
350
Year Built
1975 / 2021 (r)
Type
Self Storage
Occupancy
92%
NOI
$291,395

Highlights

• $4,500,000 List Price
• $291,395 Current NOI
• $349,600 Year 4 NOI
• 350 Total Units
• ±51,145 SF Total Storage NRSF
• 279 Non-Climate Controlled Units
• 71 Climate Controlled Units
• 2-3 Buildings Expansion Opportunity
• 86% Economic Occupancy
• 92% Physical Occupancy

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 6502432668, 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203