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Bears Den Storage

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Address: 1768 U.S. Hwy 51, Woodruff, WI 54568, USA

Chicago & Midwest + Apartment Buildings

Created date: July 4, 2024

Date last updated: September 20, 2024

60% of Renters are Non Locals
Destination Town
Room for Rent Increases
Room for Expansion
10ft wide and 9.5ft high doors
Electricity Access in Units
100% Occupancy for Past 20 Years
9 Acres of Land Only 25% Developed

Property Description

John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me."
The Calvary Realty National Storage Group is pleased to present this self storage investment opportunity in Arbor Vitae, Wisconsin. Comprising four buildings constructed between 2003 and 2019, this expansive facility spans 395,525 square feet of land, with 27,404 square feet of enclosed space across 106 units. Boasting a 100% physical occupancy, Bears Den Storage has been a stable and reliable investment since its opening in 2003.Bears Den Storage enjoys a strategic location near US Highway 51, with a traffic count of 8,700. The city's status as a destination area, attracting both tourists and non-locals, contributes to consistent demand for storage solutions.Notably, 60% of tenants are from out of the area, utilizing the storage as a convenient alternative to transporting items back to their primary residence. The facility's popularity is further evidenced by tenants paying 6-12 months in advance to secure their storage space and avoid potential rate increases.In summary, Bears Den Storage is a stable, high-demand investment in Vilas County, with a proven track record of full occupancy, strategic location, and a proactive approach to tenant satisfaction. Don't miss this opportunity to secure a reliable and lucrative addition to your portfolio.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$1,800,000
No. of Units:	106
Average Occupancy:	4.18
Lot Size:	9.08 Sq ft
Opportunity Zone:	No
Price per unit:	$16,981
Property Website	Click Here