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Packer Storage of Ashland 2 Specialty Properties Offered at $1,600,000 in Ashland, WI
INVESTMENT HIGHLIGHTS
- Established portfolio of two locations with 30,597 rentable square feet and 158 drive-up units.
- Expansion potential at the 3rd Street location allows for additional buildings or portable units.
- Strong Market Dynamics – Located in a county seat with year-round recreation, regional connectivity, and ongoing Main Street revitalization.
- Consistently high occupancy demonstrates tenant demand in a market with limited competition.
- Recent Capital Improvements include fresh painting, updated partitions, and new unit numbers enhance appeal.
- Planned rate increase for existing customers set to deploy November 1, 2025
EXECUTIVE SUMMARY
Packer Storage of Ashland presents investors with the opportunity to acquire a stabilized, two-property self storage portfolio in Ashland, Wisconsin. Together, the facilities total 30,597 rentable square feet across 158 drive-up units and are consistently maintained at high occupancy. Recent upgrades, including fresh exterior painting, new unit numbers, and updated partitions, ensure long-term durability and an appealing tenant experience. Both facilities are operated on Storable Edge management software and are currently third-party managed by White Label Storage, offering immediate scale and professional operational continuity. Additionally, the 3rd Street location offers a large parcel with ample expansion potential through additional buildings or portable units.
Strategically located in Ashland, the portfolio benefits from strong regional fundamentals and steady tenant demand. As the county seat of Ashland County, the city serves as a hub for commerce, government, and education. Ashland is also a designated Wisconsin Main Street community, reflecting ongoing investment in revitalization, business growth, and infrastructure. Its position at the junction of U.S. Highway 2 and State Highway 13 ensures regional connectivity, while the area’s year-round appeal as a four-season outdoor recreation destination adds further stability to demand for storage.
Strategically located in Ashland, the portfolio benefits from strong regional fundamentals and steady tenant demand. As the county seat of Ashland County, the city serves as a hub for commerce, government, and education. Ashland is also a designated Wisconsin Main Street community, reflecting ongoing investment in revitalization, business growth, and infrastructure. Its position at the junction of U.S. Highway 2 and State Highway 13 ensures regional connectivity, while the area’s year-round appeal as a four-season outdoor recreation destination adds further stability to demand for storage.
PROPERTY FACTS
| Price | $1,600,000 | Number of Properties | 2 |
| Price / SF | $52.29 / SF | Individually For Sale | 0 |
| Cap Rate | 7.75% | Total Building Size | 30,597 SF |
| Sale Type | Investment | Total Land Area | 1.60 AC |
| Status | Active |
| Price | $1,600,000 |
| Price / SF | $52.29 / SF |
| Cap Rate | 7.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 30,597 SF |
| Total Land Area | 1.60 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 315 6th Ave W, Ashland, WI 54806 | Specialty | 15,680 SF | 1986 | - |
| 1800 3rd W st, Ashland, WI 54806 | Specialty | 14,917 SF | 2014 | - |
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