Packer Storage of Ashland
Ashland, WI Self Storage Portfolio | 30,897 RSF | 158 Units
Marketing description
Packer Storage of Ashland presents investors with the opportunity to acquire a stabilized, two-property self storage portfolio in Ashland, Wisconsin. Together, the facilities total 30,897 rentable square feet across 158 drive-up units. Recent upgrades, including fresh exterior painting, new unit numbers, and updated partitions, ensure long-term durability and an appealing tenant experience. Both facilities are operated on Storable Edge management software and are currently third-party managed by White Label Storage, offering immediate scale and professional operational continuity. Additionally, the 3rd Street location offers a large parcel with ample expansion potential through additional buildings or portable units.
Strategically located in Ashland, the portfolio benefits from strong regional fundamentals and steady tenant demand. As the county seat of Ashland County, the city serves as a hub for commerce, government, and education. Ashland is also a designated Wisconsin Main Street community, reflecting ongoing investment in revitalization, business growth, and infrastructure. Its position at the junction of U.S. Highway 2 and State Highway 13 ensures regional connectivity, while the area’s year-round appeal as a four-season outdoor recreation destination adds further stability to demand for storage.
Investment highlights
- Established portfolio of two locations with 30,897 rentable square feet and 158 drive-up units.
- Attractive pricing at 8.67% Cap Rate on 2026 trailing 3-month numbers and approximately $48 per RSF.
- Consistently high occupancy demonstrates tenant demand in a market with limited competition.
- Expansion potential at the 3rd Street location allows for additional buildings or portable units.
- Recent Capital Improvements include fresh painting, updated partitions, and new unit numbers enhance appeal.
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