709 S Main Street, Westby, WI 54667
- $1,250,000
- 15,000
- SqFt
Listing courtesy of eXp Realty LLC.
- List Price
- $1,250,000
- MLS#
- 1973590
- Status
- ACTIVE
- County
- Vernon
- Municipality
- Westby
- TotalSqFt
- 15,000
- Acres
- 4.50
Property Description
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.
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Additional Information
- TotalTaxes
- $11,000
- Basement
- None / Slab
- Exterior
- Aluminum/Steel, Steel
- Roof
- Metal
- Courtesy Of
- eXp Realty LLC
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