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709 S Main St
Westby, WI 54667
709 S Main St · Specialty Property For Sale
·
15,000 SF


Investment Highlights
- 123 Units
- Low Operating Expenses
- Strong Cash Flow
Executive Summary
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. Nearly 2 acres of green space to build more units! A quality asset with exceptional upside that's becoming increasingly difficult to find. Property sold AS IS.
Property Facts
| Sale Type | Investment | Building Size | 15,000 SF |
| Cap Rate | 10.62% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1900 |
| Lot Size | 4.50 AC | ||
| Zoning | Commercial | ||
| Sale Type | Investment |
| Cap Rate | 10.62% |
| Property Type | Specialty |
| Lot Size | 4.50 AC |
| Building Size | 15,000 SF |
| No. Stories | 1 |
| Year Built | 1900 |
| Zoning | Commercial |
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