Exclusively Listed By:
EquiCap Commercial

DEAL SUMMARY

​

List Price:   $2,000,000

NRSF:         28,230

Units:          259

Acres:         .41

​​​

INVESTMENT HIGHLIGHTS

​

PRIME LOCATION // Located right o of Indiana Ave and 14th Street, with car counts exceeding 16,000 vehicles per day

​

FAVORABLE SUPPLY INDEX // The 5 mile supply index is 7.0 sqft per person with 1.8 sqft of Climate-Controlled space

​

OCCUPANCY OPPORTUNITY // A new owner will have the ability to continue the stabilization of the facility

SCALE OPPORTUNITY // ​Dual Facility Acquisition with Immediate Synergies by also acquiring 1234 Kentucky Ave

​

INVESTMENT SUMMARY

​

EquiCap Commercial proudly presents Sheboygan Self Storage, located at 1336 Kentucky Avenue in Sheboygan, Wisconsin. This four-story, fully indoor self-storage facility offers approximately 28,230 net rentable square feet across 259 interior based units. The Property is equipped with a freight elevator and two loading docks, providing efficient tenant access and functionality for move-ins. Additional

features include LED lighting throughout and a 24-hour camera system monitoring both the interior and exterior of the building. The asset offers operational flexibility, with the ability to be managed remotely or with on-site staffing.

​

Currently operating at approximately 65% occupancy, the Property presents a clear opportunity for a new owner to stabilize both physical and economic vacancy while building upon strong in-place rental performance exceeding $12 per square foot. Strategically positioned

along 14th Street with traffic counts of approximately 16,000 vehicles per day, the facility benefits from strong visibility and accessibility. The surrounding market remains underserved, with approximately 4 square feet per capita within a 3-mile radius and 7 square feet per capita within a 5-mile radius, coupled with projected population growth of 3.2% over the next five years, supporting continued demand for indoor self-storage in the area. Additionally, an investor has the opportunity to acquire the adjacent facility, 1234 Kentucky Ave, creating economies of scale and enhanced operational efficiencies within the immediate trade area.