2564 Britton RdPerry, MI 48872
- Commercial real estate
- 3.80 AC
Property Details for 2564 Britton Rd
- Lot size
- 3.80 AC
- Property type
- Commercial real estate
- APN
- 024-60-006-001-06
- APU
- 246000600106
Description
This stabilized self-storage investment opportunity in Perry, Michigan, presents a compelling opportunity for income generation. The property, located at 2564 W Britton Rd, features seven buildings encompassing 188 units, ranging in size from 5x10 to 10x20. Currently boasting a high occupancy rate with only one unit available, the facility generates approximately $134,400 in annual gross revenue. The 3.8-acre lot includes both covered and outdoor storage options, providing flexibility and expansion potential. The property benefits from a strategic location off busy M-52, across from Perry Public Schools, and with convenient access to I-69 and nearby residential areas. Most buildings feature recently installed metal roofs, and the entire property is secured with a sophisticated gate system. The asking price for this well-maintained, high-performing asset is $1,300,000. The property's APN is 024-60-006-001-06. This turnkey operation offers immediate cash flow and significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $32,434,276
- Hospitality
- $29,709,622
- Educational
- $24,718,058
- Medical
- $25,568,150
- Retail
- $38,450,312
Location Insight
- City
- Perry
- County
- Shiawassee
- State
- Michigan
- Latitude
- 42.8354
- Longitude
- -84.2103
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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