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937 N Decker Road
Lake City, MI 49651
Asking Price
$275K
Cap Rate
1.69%
Asset Type
Self-storage
Class
Class B
What's Special
Self Storage | 39 Units | Room to Expand <ul><li>Newly built in 2021</li><li>Room to expand</li><li>Management upside to improve online presence and marketing</li><li>Busy vacation town surrounded by lakes</li></ul>
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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401