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1760 Southpeak Drive

Traverse City, MI 49685
  • $390,000
  • STATUS: Closed
  • ON SITE: 324 Days
  • MLS #: 1896004
Sold - 03/30/2022
$390,000
SOLD - 03/30/2022
  • 0
    BEDS
  • 2.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,140
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2010
County:

School Ratings & Info

Description

Now offering a chance to own a passive investment property in Traverse City, MI. This 30 unit self-storage unit has been consistently fully occupied since construction in 2010 and offers a perspective purchaser roughly a 6% cap rate. Both buildings are located along the high-traffic corridor of M-37, 3/4 miles south of Chum's Corner.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-11-26T23:51:53.62.
www.c21northland.com/homes/124481742
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1760 Southpeak Drive Traverse City, MI 49685

  • Price: $375,000
  • Status: Closed
  • On Site: 324 Days
  • MLS #: 1896004
0
Beds
0
Baths
0
½ Baths
2.72
Acres
10,140
SQFT
$0
$/SQFT
2010
Built
Neighborhood:
None
County:
Grand Traverse
Area:
Grand Traverse
Property Description
Now offering a chance to own a passive investment property in Traverse City, MI. This 30 unit self-storage unit has been consistently fully occupied since construction in 2010 and offers a perspective purchaser roughly a 6% cap rate. Both buildings are located along the high-traffic corridor of M-37, 3/4 miles south of Chum's Corner.
Exterior Features

Construction Frame Exterior Features Steel Foundation Slab Lot Dimensions 275X233x228x520x325 Parking Paved Road Public Maintained Roof Asphalt

Interior Features

Heating Cooling Type None

Property Features

Business Incl Yes Business Name Blair Stow-Away Deeded Waterfront No Documents On File None Eco Features No Extras Overhead Door(S) Heating Cooling Source None Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location FreestandingInside Lot Possession At ClosingSubject To Tenants Rights Present Use Mini-Storage Sale Or Lease For Sale Sale Rent For Sale Section Number 8 Seller Concessions No Sewer None Terms CashCommercial LoanConventional Mortgage Township Blair Type Income Type Of Ownership Private Owner Univs Design Barrier Free No Steps Entry Vacant Land No Water None Zoning Commercial

Listing information © 2022 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Three West, Llc: 231-929-2955.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2022 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2022-11-26T23:51:53.62.
 
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CENTURY 21 Northland
241 E State Street
Traverse City MI, 49684