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Self-Storage Facility

Champion Storage Portfolio

w1750 Playbird Rd, Sheboygan, WI 53083

Listing Price: Request For Offer

Number of Units
1,165
Occupancy
91.2%
Rentable SF
232,625
Year Built
1997

Investment Overview

The Champion Storage Portfolio is comprised of five properties located in Sheboygan, Wisconsin. The combined portfolio offers 1,165 total units and 232,623 rentable square feet. The properties represent a dominant market share of the Sheboygan self-storage market and feature both climate and non-climate-controlled units, outdoor parking spaces and additional warehouse and portable container units. Champion Storage has enjoyed historically high occupancy with current occupancy at 95%, as of May 31, 2022 with zero discounting. All five facilities are generally situated along Highway 42 and the maximum distance between the facilities is four miles. This independently owned and locally operated portfolio just celebrated its twenty-fifth anniversary and prides itself on keeping their customers’ needs top of mind. The main facility is located at W1750 Playbird Road and allows for streamlined management across all sites. Owners recently completed a 250x90 climate-controlled building, which opened in November 2021 and is already 80% occupied. The larger drive-up buildings and additional parking were specifically designed in response to customer demand for larger boat and RV storage options. This location has additional expansion potential with approved plans to add nine more buildings totaling +/- 104,000 gross square feet. Sheboygan, Wisconsin is a thriving suburban area, virtually equidistant between Milwaukee and Green Bay. The area’s strong residential base helps drive the need for self-storage and draws customers from beyond a five-mile radius. The 2021 estimated household income within a five-mile radius was $75,211 with five-mile population estimated to be 61,125.

Investment Highlights

  • Five Property Self-Storage Portfolio in Sheboygan, WI
  • 1,165 Total Units | 232,625 Rentable Square Feet
  • 187 Climate-Controlled Units | 799 Non-Climate-Controlled Units | 170 Parking Spaces | 9 Warehouse/Container Units
  • Historically High Occupancy | 95% Occupied as of 5/31/22 | Zero Discounting
  • Portfolio Easily Managed from Main Site at W1750 Playbird Road
  • Portfolio Represents Dominant Market Share
  • Approved Expansion Plans at W1750 Playbird Road Location | 9 Buildings | +/- 104,000 Gross Square Feet

Exclusively Listed By

  • Sean M. Delaney

    Senior Vice President Investments

    (630) 570-2267

    Email Sean

    License(s): IL: 475.141529, WI: 77902-94

    Chicago Oak Brook

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Self-Storage Facility

Champion Storage Portfolio

Listing Price: Request For Offer

Number of Units
1,165
Occupancy
91.2%
Rentable SF
232,625
Year Built
1997

Investment Highlights

  • Five Property Self-Storage Portfolio in Sheboygan, WI
  • 1,165 Total Units | 232,625 Rentable Square Feet
  • 187 Climate-Controlled Units | 799 Non-Climate-Controlled Units | 170 Parking Spaces | 9 Warehouse/Container Units
  • Historically High Occupancy | 95% Occupied as of 5/31/22 | Zero Discounting
  • Portfolio Easily Managed from Main Site at W1750 Playbird Road
  • Portfolio Represents Dominant Market Share
  • Approved Expansion Plans at W1750 Playbird Road Location | 9 Buildings | +/- 104,000 Gross Square Feet

Investment Overview

The Champion Storage Portfolio is comprised of five properties located in Sheboygan, Wisconsin. The combined portfolio offers 1,165 total units and 232,623 rentable square feet. The properties represent a dominant market share of the Sheboygan self-storage market and feature both climate and non-climate-controlled units, outdoor parking spaces and additional warehouse and portable container units. Champion Storage has enjoyed historically high occupancy with current occupancy at 95%, as of May 31, 2022 with zero discounting. All five facilities are generally situated along Highway 42 and the maximum distance between the facilities is four miles. This independently owned and locally operated portfolio just celebrated its twenty-fifth anniversary and prides itself on keeping their customers’ needs top of mind. The main facility is located at W1750 Playbird Road and allows for streamlined management across all sites. Owners recently completed a 250x90 climate-controlled building, which opened in November 2021 and is already 80% occupied. The larger drive-up buildings and additional parking were specifically designed in response to customer demand for larger boat and RV storage options. This location has additional expansion potential with approved plans to add nine more buildings totaling +/- 104,000 gross square feet. Sheboygan, Wisconsin is a thriving suburban area, virtually equidistant between Milwaukee and Green Bay. The area’s strong residential base helps drive the need for self-storage and draws customers from beyond a five-mile radius. The 2021 estimated household income within a five-mile radius was $75,211 with five-mile population estimated to be 61,125.

Exclusively Listed By

  • Sean M. Delaney

    Senior Vice President Investments

    (630) 570-2267

    Email Sean

    License(s): IL: 475.141529, WI: 77902-94

    Chicago Oak Brook

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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