W5285 Wi-82 Mauston, WI 53948

This exceptional self-storage portfolio comprises 99,774 net rentable square feet across three locations in central Wisconsin: Mauston and Wisconsin Dells. The portfolio boasts 498 units with an impressive 85% current occupancy, generating a current NOI of $390,887 and a 7.74% cap rate. Recent renovations in 2022 and 2023 have enhanced the properties, and a strong pro-forma NOI of $587,306 projects an 11.63% cap rate. The properties benefit from a significant expansion opportunity, adding substantial future revenue potential. One location, situated on WI-16, enjoys high visibility with 4,500 vehicles passing daily. The portfolio's strategic location leverages the tourism draw of Wisconsin Dells, attracting over 5 million visitors annually, and a significant portion of current tenants reside over 135 miles away, ensuring consistent demand. The asking price is $5,050,000, representing a compelling value-add investment opportunity in a thriving market with no REIT competition. Detailed financial records and operational data are available upon request. The properties are single-story buildings, built between 2001 and 2023, situated on a combined 13.51 acres of land. Lease type is gross, with multi-tenancy. The portfolio offers a unique blend of immediate income generation and significant upside potential through expansion and increased occupancy. This is a rare opportunity to acquire a well-positioned, high-performing self-storage portfolio in a rapidly growing market.