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14668250
14668251

3232 W Frank Pipp Dr, Iron Mountain, MI 49801

RG
MI MI 6502420131
Stephens Real Estate
Listed by Stephens Real Estate
$1,800,000
869 days on market
Updated 3 days ago

3232 W. Frank Pipp Dr

Details
APN 05170020000
Property Type Self Storage
Square Footage 33,600
Net Rentable (SqFt) 33,600
Units 156
Occupancy 95%
Tenancy Multi
Price per SqFt $54
Broker Co-Op Yes
Year Built 1987
Year Renovated 2020
Buildings 2
Stories 1
Acreage 4.000
Zoning Comm
Parking Spaces 100 spaces
Parking Per SqFt 2.98
Investment Type Owner/User
Occupancy Date 01/18/2024
Ownership private
Sale Condition For sale by owner

Excellent income! Two storage buildings with 94-100% occupancy average!

Marketing description

Great passive income opportunity for the discerning investor! This self-storage business contains two expansive buildings with a total of 156 units in a variety of sizes. Located in a great spot on the edge of town, just off US Hwy 2. Situated on a 4-acre parcel with room to add another storage building. This is a highly successful business with occupancy rates consistently between 94-100%.

Listing Contacts

RG
MI MI 6502420131
Stephens Real Estate
Listed by Stephens Real Estate

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Additional Information

Name
Ryan Gordon
License
MI 6502420131
Brokerage
Stephens Real Estate
Brokerage Phone
9067748570
Title
Real Estate Brokerage
Brokerage Address
1320 Carpenter Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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