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Listing Courtesy Of:

Listing Office: eXp Realty LLC

Listing Office Phone: (866) 848-6990 ext.

709 S Main St Westby, WI 54667

$1,250,000
Active / MLS# 1973590 / Commercial - / Westby
0 Beds
15000 SqFt

New steel roofs installed on all buildings! Rare opportunity to acquire a well-maintained 123-unit self-storage facility with tremendous value-add potential on 4.5+/- acres! The property is in very good physical condition, but the current owner has not had the time to actively manage the facility or maximize rental income. A new owner with strong operational focus can unlock significant cash flow through market-rate rents and improved management--creating substantial instant equity. Based on projected market rents and estimated operating expenses, the property offers an estimated PRO FORMA 10.62 perc cap rate. A quality asset with exceptional upside that's becoming increasingly difficult to find. Property sold AS IS.

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Property Details

Property Type: Commercial -
Basement: None
Lot Size: 4.50 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $11,000

Feature Descriptions

Ceiling Height (AVG): 11-15
Data Source: Metro MLS
Exterior: Steel Siding
Flood Plain: No
Heating/Cooling: None
Location: Other
Miscellaneous: Inside Storage
Parking: 40.00
Proximity to Highway: 0-1 Miles
Road Frontage: Town/City Road
Truck Door Height: No Truck Door
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: Commercial

Location

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