709 S Main St, Westby, WI

Name: 709 S Main St, For Sale in Westby - Zoocasa
Brand: eXp Realty LLC
SKU: 1973590
Price: 1250000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,250,000

000

MLS® 1973590

Overview

Key Facts

Type Industrial

Levels Commercial Sale

Size 15000 sqft

Garage

Taxes $11,000

Days Active 18

Lot Size 4.5 Acres

Approx. Age 0

Avg. Price Per Sqft $83

MLS® Number 1973590

Property Address: 709 S Main St, Westby, WI, 54667-1334

Average square foot calculated using Size range provided by listing agent.

Description

New steel roofs installed on all buildings! Rare opportunity to acquire a well-maintained 123-unit self-storage facility with tremendous value-add potential on 4.5+/- acres! The property is in very good physical condition, but the current owner has not had the time to actively manage the facility or maximize rental income. A new owner with strong operational focus can unlock significant cash flow through market-rate rents and improved management--creating substantial instant equity. Based on projected market rents and estimated operating expenses, the property offers an estimated PRO FORMA 10.62 perc cap rate. Nearly 2 acres of green space to build more units! A quality asset with exceptional upside that's becoming increasingly difficult to find. Property sold AS IS.

MLS® Number1973590

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age0

BasementNone

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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