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Self-Storage Facility

American Value Storage

5295 W Michigan Ave, Ypsilanti, MI 48197

Listing Price: $3,750,000

Cap Rate
4.17%
Number of Units
332
Occupancy
74.0%
Gross SF
41,200
Rentable SF
41,200
Price/Rentable SF
$91.02
Year Built
1998

Investment Overview

Marcus & Millichap is pleased to offer for sale American Value Storage located in Ypsilanti, Michigan. The site features 332 non-climate-controlled units totaling 41,200 net rentable square feet. The site sees around 18,000 cars per day and there are over 131,000 people living within five miles. There is upside in raising the below market rents and improving the advertising as there is not currently a website.

Investment Highlights

  • Eastern Michigan Self Storage Offering
  • 41,200 Net Rentable Square Feet
  • 332 Non-Climate Controlled Units
  • Below Market Rents
  • Currently No Website

Exclusively Listed By

Broker of Record

  • Steve Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Self-Storage Facility

American Value Storage

Listing Price: $3,750,000

Cap Rate
4.17%
Number of Units
332
Occupancy
74.0%
Gross SF
41,200
Rentable SF
41,200
Price/Rentable SF
$91.02
Year Built
1998

Investment Highlights

  • Eastern Michigan Self Storage Offering
  • 41,200 Net Rentable Square Feet
  • 332 Non-Climate Controlled Units
  • Below Market Rents
  • Currently No Website

Investment Overview

Marcus & Millichap is pleased to offer for sale American Value Storage located in Ypsilanti, Michigan. The site features 332 non-climate-controlled units totaling 41,200 net rentable square feet. The site sees around 18,000 cars per day and there are over 131,000 people living within five miles. There is upside in raising the below market rents and improving the advertising as there is not currently a website.

Exclusively Listed By

Broker of Record

  • Steve Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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