2-Property Value-Add Self-Storage Opportunity – Detroit & Plymouth, MI
Together, the assets total approximately 239,669 net rentable square feet and offer a diverse mix of traditional self-storage, climate-controlled units, and expansive Boat & RV storage. This rare, value-add opportunity provides investors with strong in-place cash flow, operational upside, and substantial scale in one of the Midwest’s most economically diverse and strategically positioned markets.
Undercover Self-Storage, located in Plymouth, MI, comprises 123,850 NRSF of non-climate-controlled units and an impressive 399 Boat & RV parking
spaces across a main site and annex. The facility was developed in phases beginning in 2003, with the latest expansion completed in 2024. The main site includes 16 storage buildings, a leasing office, and 165 Boat & RV spaces. Units feature individual door alarms, and the entire facility is monitored by over 50 security cameras, offering tenants peace of mind and high-level security. The annex, located a half-mile away, spans over 7 acres and adds an additional 234 Boat & RV spaces. Fully fenced, gated, well-lit, and landscaped, the annex includes a dedicated office and is monitored by additional security systems—delivering a high-quality storage experience in a region with strong demand for recreational storage.
Classic Detroit Storage, located in the heart of Detroit, is a multistory, fully climate-controlled facility totaling 115,819 NRSF across 979 units. The property is currently 88% occupied, reflecting strong demand in an undersupplied urban submarket. The facility offers a full range of amenities including secure drive-in loading bays, car and document storage, freight elevators, and more than 40 surveillance cameras. The facility’s robust construction and flexible layout support multiple user types and income streams, with further opportunity to increase below-market rents and streamline operations.
Together, these facilities boast 86% combined physical occupancy and offer investors immediate scale, stable in-place revenue, and clear paths to value creation. Located in two high-demand submarkets of the Detroit MSA, the portfolio benefits from the economic diversity and resilience of Southeast Michigan. With over 4.3 million residents, Metro Detroit ranks as the second-largest metro in the Midwest. The region is anchored by the headquarters of the Big Three automakers, a thriving logistics and advanced manufacturing sector, and one of the busiest border crossings in North America. These strong fundamentals are bolstered by a growing healthcare and education ecosystem that supports ongoing economic development and population stability.
With professional management, revenue optimization, and the ability to push rents in both markets, this portfolio represents a unique opportunity to acquire scale in an increasingly institutional self-storage market.