Published on: Monday, November 18, 2024
Updated on: Monday, November 18, 2024
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About the Lister
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Name: Geramie Bascomb
Company: Calvary Realty
Office Phone: (909)380-0073
Cell Phone: (909)701-7770
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Financing  Business  Material
  Bears Den Storage
1768 US-51 Arbor Vitae Wisconsin , 54568
1768 US-51 Arbor Vitae Wisconsin                                                                                           , 54568Calvary Realty
Listing ID: CL-Wisconsin-12803

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 4.18
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Wisconsin-12803
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 2003
Building Size: 27,404.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
The Calvary Realty National Storage Group is pleased to present this self storage investment opportunity in Arbor Vitae, Wisconsin.
Complete Details
Year Build: 2003
Building Size: 27,404
No of Stories: N/A
Total Lot Area: N/A Acre
No of Parking: N/A
No of Total Units: 92
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me." The Calvary Realty National Storage Group is pleased to present this self storage investment opportunity in Arbor Vitae, Wisconsin. Comprising four buildings constructed between 2003 and 2019, this expansive facility spans 395,525 square feet of land, with 27,404 square feet of enclosed space across 106 units. Boasting a 100% physical occupancy, Bears Den Storage has been a stable and reliable investment since its opening in 2003. Bears Den Storage enjoys a strategic location near US Highway 51, with a traffic count of 8,700. The city's status as a destination area, attracting both tourists and non-locals, contributes to consistent demand for storage solutions. Notably, 60% of tenants are from out of the area, utilizing the storage as a convenient alternative to transporting items back to their primary residence. The facility's popularity is further evidenced by tenants paying 6-12 months in advance to secure their storage space and avoid potential rate increases. In summary, Bears Den Storage is a stable, high-demand investment in Vilas County, with a proven track record of full occupancy, strategic location, and a proactive approach to tenant satisfaction. Don't miss this opportunity to secure a reliable and lucrative addition to your portfolio.
Additional Properties
Property Highlights
  • 60% of Renters are Non Locals
  • Destination Town
  • Room for Rent Increases
  • Room for Expansion
  • 10ft wide and 9.5ft high doors
  • Electricity Access in Units
  • 100% Occupancy for Past 20 Years
  • 9 Acres of Land Only 25% Developed
Listing Location
Attached Documents
  • Download | Bears-Den-Management-Reports-OCT-2023-docx.docx ( 13.56KB)
  • Download | OM-Bears-Den-Storage-Arbor-Vitae-WI-pdf.pdf ( 5,238.25KB)
  • Download | Parcel-Map-pdf.pdf ( 358.65KB)
  • Download | Property-Title-Profile-1-pdf.pdf ( 204.80KB)
  • Download | Property-Title-Profile-2-pdf.pdf ( 204.84KB)
  • Download | Real-Estate-Tax-Parcel-pdf-2-701-pdf.pdf ( 153.14KB)
  • Download | Real-Estate-Tax-Parcel-pdf-2-702-pdf.pdf ( 153.71KB)
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