1816 Northland AveAppleton, WI 54914

Property Details for 1816 Northland Ave

Property type

Other commercial real estate

Property subtype

Self storage facilities

Description

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.

Location Insight

City

Appleton

County

Outagamie

State

Wisconsin

Latitude

44.2884

Longitude

-88.433

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