Mixed-Use Land for Sale in Arbor Vitae, Wisconsin
1768 US-51 N Arbor Vitae, WI 54568
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me."
The Calvary Realty National Storage Group is pleased to present this self storage investment opportunity in Arbor Vitae, Wisconsin.
Comprising four buildings constructed between 2003 and 2019, this expansive facility spans 395,525 square feet of land, with 27,404 square feet of enclosed space across 106 units. Boasting a 100% physical occupancy, Bears Den Storage has been a stable and reliable investment since its opening in 2003.
Bears Den Storage enjoys a strategic location near US Highway 51, with a traffic count of 8,700. The city's status as a destination area, attracting both tourists and non-locals, contributes to consistent demand for storage solutions.
Notably, 60% of tenants are from out of the area, utilizing the storage as a convenient alternative to transporting items back to their primary residence. The facility's popularity is further evidenced by tenants paying 6-12 months in advance to secure their storage space and avoid potential rate increases.
In summary, Bears Den Storage is a stable, high-demand investment in Vilas County, with a proven track record of full occupancy, strategic location, and a proactive approach to tenant satisfaction. Don't miss this opportunity to secure a reliable and lucrative addition to your portfolio.
- 60% of Renters are Non Locals
- Destination Town
- Room for Rent Increases
- Room for Expansion
- 10ft wide and 9.5ft high doors
- Electricity Access in Units
- 100% Occupancy for Past 20 Years
- 9 Acres of Land Only 25% Developed
Location
- Street Address
- 1768 US-51 N
- County
- Vilas County
- Elevation
- 1,647 feet
Property details
- Listing Source
- SharpLaunch
- Date Posted
Resources
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
July 2, 2024 | New listing | $1,800,000 | — | SharpLaunch |