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AVAILABLE

Self Storage Portfolio
Eagle River | St Germain | Conover, WI

Exclusively Listed By:
EquiCap Commercial and NAI Pfefferle

DEAL SUMMARY

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List Price:   $2,500,000

NRSF:         55,870

Units:          168

Acres:         41.74

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INVESTMENT HIGHLIGHTS

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WELL POSITIONED LOCATIONS // All locations are

strategically positioned along high traffic count

thoroughfares with convenient proximity to local and

vacation home residents.

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MANAGEMENT OPPORTUNITY // Opportunity for a

new owner to automate the overall operation; by

automating the rental process further, by utilizing the

DaVinci lock system.

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ADD VALUE OPPORTUNITY // A new owner has the

opportunity to further physically and economically

stabilize the operations. Also, current ownership does

not charge admin fees or have a plan to offer tenant

protection to every customer.

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MARKETING OPPORTUNITY // Current ownership does

not do any marketing, with it being a lake community,

new ownership can add SEO, allowing to further

stabilize the occupancy, while increasing rental rates.

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EXPANSION OPPORTUNITY // Opportunity to expand

all three locations or utilize the space for Car / RV / Boat

parking.

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INVESTMENT SUMMARY

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We are pleased to offer for purchase, Up Nort Storage, a self-storage portfolio, located in Northern Wisconsin. Currently managed by an owner that lives more than 2.5 hours away, the offering consists of 55,870 net rentable square feet, over 5 buildings that house 168 drive up units that are strategically positioned throughout the Northern Wisconsin Lake market.

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- EAGLE, WI: The property at 424 Hwy 45, Eagle River, WI, is conveniently situated just off Highway 45, offering excellent visibility with high traffic counts. Spanning 24.43 acres, the site is improved with three buildings, comprising of 93 drive-up units and totaling 32,610 net rentable square feet. It also brings in income from the Billboard signs, and hunting lease. The property features post frame buildings, LED lighting, Google verification, and 24-hour security cameras. Additionally, the property offers opportunities for expansion or the addition of outdoor parking to generate additional revenue.

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- ST GERMAIN, WI: Located just off Highway 70, the property at 6932 STH 70 in St. Germain, WI, offers excellent visibility from highway traffic. This 9.63-acre parcel includes one building with 20 oversized drive-up units, totaling 11,760 net rentable square feet. It also brings in income from a winter hunting lease. The site, which is a newer build, features a post frame building, LED lighting, and 24-hour monitoring security cameras. Additionally, a new owner could expand the property or add outdoor parking to generate additional revenue.

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- CONOVER, WI: The property located at 5187 W CTH K, Conover, WI, is conveniently situated right off Highway 45. This 7.68-acre parcel features one building with 45 units, providing a total of 11,500 net rentable square feet. The

improvements are just under 2 years old, post frame construction, LED lighting, and 24-hour security monitoring.

Additionally, the property is Google-verified and brings income in from the billboard on site.

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With the operation not yet fully stabilized (though lease-up trends are strong), a new owner has the opportunity to

shape and grow the business. This includes the ability to implement in-place rental rates from day one, consistently

charge administrative and late fees, and maximize tenant insurance penetration. Additionally, the new owner will have

the potential to expand all three locations or utilize the land for boat parking.

Presented By:

Scott Rihm, Partner, EquiCap Commercial

Scott Rihm | Partner

EquiCap Commercial

630.669.5625

Scott@EquiCapCommercial.com

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Wisconsin License: 87193-94

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Read Scott's Bio

Jesse Luke, Partner at EquiCap Commercial

Jesse Luke | Partner

EquiCap Commercial

630.696.7281

Jesse@EquiCapCommercial.com

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Read Jesse's Bio

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