Description
Earn immediate cash flow with this reputable self-storage business. Located off Hwy 14 on the east side of Janesville close to the interstate and main highways. There are 78,480 NLSF spanning over 10 buildings. The 419 total storage units' range in size from 5x10 to 11x40, averaging 187 SQFT per unit. Currently at 92.8 pct. physical occupancy with annual NOI of approximately $487,000 and 81.6 pct. economic occupancy with potential of $530,500 NOI at max capacity. Janesville is centrally located between Madison, Milwaukee, Rockford and Racine and has a population of over 66,000.
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0BEDS
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5.5ACRES
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0BATHS
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01/2 BATHS
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78,480SQFT
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$82$/SQFT
School Ratings & Info
Listing provided courtesy of Mahler Sotheby's International Realty: (414) 964-2000.
Description
Earn immediate cash flow with this reputable self-storage business. Located off Hwy 14 on the east side of Janesville close to the interstate and main highways. There are 78,480 NLSF spanning over 10 buildings. The 419 total storage units' range in size from 5x10 to 11x40, averaging 187 SQFT per unit. Currently at 92.8 pct. physical occupancy with annual NOI of approximately $487,000 and 81.6 pct. economic occupancy with potential of $530,500 NOI at max capacity. Janesville is centrally located between Madison, Milwaukee, Rockford and Racine and has a population of over 66,000.
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