Lake Orion Self Storage, a 38,400-square-foot self-storage facility located in Lake Orion, Michigan, and StorMax, a 9,150 square foot self-storage facility in Oxford, Michigan, have sold, according to Marcus & Millichap.
Located in Oakland county, the two facilities offer a total of 292 indoor units plus a 3,600-square-foot single-tenant building with a variety of amenities including controlled entry systems, individual unit door alarms, video monitoring and high output, energy efficient exterior lighting fixtures.
Tom Berlin of Marcus & Millichap’s Detroit office, had the exclusive listing to market the properties on behalf of the sellers. Berlin also procured the buyer for both facilities, a limited liability company.