Listings

Northville, MI

Salem Storage and Warehouse Complex presents a rare opportunity to acquire a high-performing self storage and RV/Boat storage facility in Northville, Michigan. Situated on 16.50 +/- acres, the fully fenced and gat­ed facility features 327 units and 127,128 NRSF of RV/Boat storage that is 96% occupied. The facility also offers 13,700 SF of commercial warehouse space that is 100% leased, a 1,000 SF self storage building, and two leased residential houses.

The property benefits from a growing demand base, with approximately 439,957 residents within 10 miles and 3.9% projected population growth. Ownership has the opportunity to implement measured rental rate in­creases, capture ancillary income, and convert select open-air spaces to covered parking. Strong occupancy and multiple revenue-enhancement opportunities provide durable cash flow with meaningful upside.

Ypsilanti, MI

12 E Forest Ave presents a self storage conversion opportunity located in Ypsilanti, Michigan. The project is proposed for 127,198 GSF and 90,250 NRSF across 2.56 acres +/- featuring a 2-story, 100% climate controlled building. The property has excellent visibility, access, and 368 feet of frontage along Forest Ave. The population is 68,428 with 4.4% projected population growth (5-yr) and an AHHI of $84,223 within a 3-mile radius. This site offers developers a rare opportunity to deliver a best-in-class facility in a submarket with strong demographic drivers and attractive supply
and demand fundamentals.

Middleville, MI

Forward Storage is a 45,200 NRSF facility situated in a high-growth / high-income Grand Rapids submarket in Middleville, Michigan.

The property is positioned within the thriving metropolitan area of Grand Rapids (top 50 MSA), benefiting from strong economic fundamentals, population growth, and high median household incomes. The MSA has demonstrated a robust real estate market and is poised for continued expansion, supporting the asset’s potential for continued lease-up velocity, rental rate growth, and high occupancy rates. This asset is ideally positioned for investors seeking exposure to an established and rapidly growing self storage market.

This Class A facility, which opened in November 2023, features 100% single-story, drive-up self storage product across 203 units. The asset boasts best-in-class construction and prime frontage/access along M-37 (13k vehicles per day). The 5-mi population surrounding the subject property is 16k with 8.9% projected growth (5-yr) and average HH incomes of $115k.