For Sale
$8,000,000

1816 Northland Ave Appleton, WI 54914

341 Units, 100% Occupancy, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents 341 self-storage units in a prime Appleton, Wisconsin location. The Class B facility boasts 100% occupancy and a 4.00% cap rate, reflecting strong market demand and stable cash flow. Renovated in 2022, the units are well-maintained and cater to both residential and commercial clients. Situated at 1816 W Northland Ave, Appleton, WI 54914, this stabilized investment benefits from Appleton's robust economy and growing population, ensuring consistent demand for storage solutions. The property's low operating costs contribute to high profit margins, making it an attractive option for investors seeking a reliable income stream with significant growth potential. The asking price is $8,000,000, with a price per unit of $23,460.41. This property offers a compelling combination of strong market dynamics, low overhead, and attractive returns, making it an ideal addition to any real estate portfolio. The property is easily accessible and highly visible, further enhancing its appeal to potential renters. The consistent demand for storage in this thriving community ensures a stable and lucrative revenue stream for years to come. This is a chance to acquire a well-established, high-performing asset in a desirable location.

Highlights

  • Prime Appleton, WI self-storage facility in a high-traffic location.
  • Strong local demand driven by Appleton's growing population and business activity.
  • Low operating costs and minimal maintenance requirements.
  • History of low vacancy rates and stable rental income.
  • Expansion potential to increase capacity and revenue.
  • High return on investment (ROI) due to low operating costs and high demand.

Property Details for 1816 Northland Ave

Property type
Self storage facilities
Class
B
Year Renovated
2022
Units
341

Location Insight

City
Appleton
County
Outagamie
State
Wisconsin
Latitude
44.2883876
Longitude
-88.4329916

FAQs

What type of property is this?
Self storage facility - 341 Units, 100% Occupancy, High ROI
Where is the self storage facility located?
The property is located at 1816 Northland Ave Appleton, WI.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Prime Appleton, WI self-storage facility in a high-traffic location.; Strong local demand driven by Appleton's growing population and business activity.; Low operating costs and minimal maintenance requirements.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1816 Northland Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message