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31254879
31254880

785 East McSloy Street, Gilman, WI 54433

TF
MN 40347633, IA S67594000
Argus Self Storage Advisors
AI
MN 40620458, MN
Argus Self Storage Advisors
Listed by Argus Self Storage Advisors
$325,000
92 days on market
Updated 23 days ago

Safeguard Storage Solutions

Details
Property Type Self Storage
Sub Type Self Storage
Square Footage 51,836
Net Rentable (SqFt) 6,440
Units 34
Cap Rate 7.00%
Occupancy 91.18%
Pro-Forma Cap Rate 7.00%
Year Built 1998, 2000 & 2002
Buildings 3
Acreage 1.190

Gilman, WI Self Storage | 34 Units | 6,440 RSF

Marketing description

Safeguard Storage Solutions in Gilman, Wisconsin is a conveniently located self-storage property offering approximately 6,440 square feet of rentable space consisting of drive-up storage units, shop space, and a storefront retail component. The storefront space is currently leased to a local business tenant, providing an additional income stream that enhances the stability of the property’s overall revenue profile. The storage units feature convenient drive-up access, making the facility easy for tenants to utilize while maintaining operational simplicity for ownership.

Located just off Main Street near the town’s Dollar General, the facility benefits from strong accessibility for local residents and businesses. The property is fully fenced with a gate system and security camera surveillance, creating a secure and professional storage environment. Current ownership utilizes Easy Storage Solutions management software along with an established website that allows tenants to rent units and make payments online, supporting efficient operations and minimal management requirements. The property also offers excess land for future self-storage expansion as well as the opportunity to expand outdoor parking or add portable storage units, presenting clear upside potential for a new owner looking to grow the facility’s rentable footprint and long-term revenue. Additionally, seller financing may be available, providing buyers with a flexible acquisition structure and a unique opportunity in this market.

Investment highlights

  • Diversified Income Stream: The property offers approximately 6,440 square feet of drive-up self-storage units, shop space, and storefront space, with the storefront currently leased to a local business user.

  • Seller Financing Opportunity: Ownership has indicated a willingness to consider seller financing, presenting a compelling opportunity for buyers to acquire the property with potentially favorable financing terms and reduced reliance on traditional bank debt.

  • Expansion & Value-Add Potential: The site offers additional land suitable for future self-storage expansion, along with the ability to expand outdoor parking or add portable storage units.

  • Secure Facility with Streamlined Management: The facility is fully fenced with gated access and security camera surveillance and operates using Easy Storage Solutions management software with an established online rental and payment website, enabling efficient remote management and a smooth transition for new ownership.

Listing Contacts

TF
MN 40347633, IA S67594000
Argus Self Storage Advisors
AI
MN 40620458, MN
Argus Self Storage Advisors
Listed by Argus Self Storage Advisors

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