99-Unit Self-Storage Facility For
1917 S 14th St Manitowoc, WI 54220
For Sale
Contact for pricing
Prime self-storage facility with 95% physical occupancy.
Property Size23,800 SF
Price / SF$48.32
Days on Market167
Property Features for 1917 S 14th St
General Information
Standard status
Active
Size
23,800 SF
Property subtype
Self Storage
Listing Agency:
Matthews
Listed By:
Rob Cook · License #IL 475.171700
Source:
Crexi
Added: Feb 10
Changed: Jul 6
Last Checked: Jul 26 at 10:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This property is a self-storage facility containing 99 units. The physical occupancy rate is 95%. The property has a size of 23800 square feet.
Key Highlights
- 95% physical occupancy
- 99‑unit self‑storage facility
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.5k | $5.40 |
| − Vacancy | −$2.3k | −$0.10 |
| EGI | $126.2k | $5.30 |
| − OpEx | −$37.9k | −$1.59 |
| NOI | $88.3k | $3.71 |
23,800 SF · lease $5.40/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$1.78M
$1.56M – $2.08M
NOI $124,616 @ 7.0% cap · market cap 10.84%
Second Best
Industrial
$1.26M
$1.10M – $1.47M
NOI $88,345 @ 7.0% cap · market cap 7.68%
Theoretical Best
Specialty Retail
$5.22M
$4.56M – $6.09M
NOI $365,104 @ 7.0% cap · market cap 31.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self storage facility - Prime self-storage facility with 95% physical occupancy.
Where is this self storage facility located?
The property is located at 1917 S 14th St Manitowoc, WI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 95% physical occupancy; 99‑unit self‑storage facility
