West Dickman Road Self Storage Portfolio

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*Lead broker information is located within the offering memorandum. 

Listed By: SkyView Advisors, LLC. MI RE Lic # 6505432914

Deal Highlights

All Site Visits Must be Scheduled Through SkyView Advisors

• Owner-Operated Storage Portfolio with Management Upside

• Low Existing Supply of 6.28sf/cap in the 5-mile radius, with only 15,000 NRSF planned (4+ miles away)

• Attractive PPSF (<$65)

• Strong Occupancy: Self Storage is Currently at 85% Physical Occupancy and 67% Economic Occupancy

• Adjacent Warehouses Included Offers Conversion Opportunity to Create Additional Self Storage for a Low Cost

• The Storage Properties Benefit From Being <1 Mile Apart From One Another

Addresses
  • 3950 W Dickman Rd, Springfield, MI 49037
  • 4325 W Dickman Rd, Springfield, MI 49037
  • 4375 W Dickman Rd, Springfield, MI 49037
  • 4535 Wayne Rd, Springfield, MI 49037
  • 700 N 20th St, Springfield, MI 49037
Deal Type

Portfolio

Price

TBD by Market

Pro Forma NOI

$654,039

Total NRSF
161,450 NRSF
Total # of Units
479
Status

Active

Coordinates of this location not found

Engage With Us

100% of our firm’s time, effort, and energy are devoted to you and your goals as a seller. We guarantee that we will generate the highest price and best terms for your property that the market will bear at that moment in time.

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