Seller to provide up to (1) year rent guarantee +$735,000
6.68% CAP Rate
183 Units at 74% physical occupancy
STRATEGICALLY POSITIONED // Prime location on Pleasant View Rd,. a corridor collector arterial that connects Interstate 90 and Hwy 53 access. Surrounded by lakes, rivers and housing growth.
INSTITUTIONAL-QUALITY DESIGN // Built in 2020 and expanded 2023, the facility offers 183 units across 97,286 rentable SF, including a 3,000 SF warehouse building with (4) roll-up Doors and bathroom. High-quality construction, roll-up doors, asphalt driveways, and 24/7 video surveillance ensure security and efficiency.
REVENUE MANAGEMENT UPSIDE // Adding storage software and rate awareness.
UNIT AMENITIES // Each unit is equipped with LED lighting and an electrical outlet, catering to the needs of boat and RV owners. snow melt pad and units with additional power.