1816 Northland Ave Appleton, WI 54914
- Self storage facilities
Current Use by Public Records
- RFP Storage / Storage Facility
Property Details for 1816 Northland Ave
- Property type
- Self storage facilities
Description
This exceptional investment opportunity presents 341 self-storage units in a prime Appleton, Wisconsin location. The Class B facility boasts 100% occupancy and a 4.00% cap rate, reflecting strong market demand and stable cash flow. Renovated in 2022, the units are well-maintained and cater to both residential and commercial clients. Situated at 1816 W Northland Ave, Appleton, WI 54914, this stabilized investment benefits from Appleton's robust economy and growing population, ensuring consistent demand for storage solutions. The property's low operating costs contribute to high profit margins, making it an attractive option for investors seeking a reliable income stream with significant growth potential. The asking price is $8,000,000, with a price per unit of $23,460.41. This property offers a compelling combination of strong market dynamics, low overhead, and attractive returns, making it an ideal addition to any real estate portfolio. The property is easily accessible and highly visible, further enhancing its appeal to potential renters. The consistent demand for storage in this thriving community ensures a stable and lucrative revenue stream for years to come. This is a chance to acquire a well-established, high-performing asset in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Appleton
- County
- Outagamie
- State
- Wisconsin
- Longitude
- -88.433
- Latitude
- 44.2884
