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Self-Storage Facility

Mallard & Plymouth Self Storage Portfolio

W4915 County Rd N, Waldo, WI 53093

Listing Price: $2,000,000

Cap Rate
6.36%
Number of Units
136
Occupancy
86.0%
Rentable SF
32,000
Price/Rentable SF
$62.50
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to present the Mallard & Plymouth Self Storage Portfolio. This is a two-property self-storage portfolio located in the towns of Waldo and Plymouth, Wisconsin. The portfolio offers 136 total non-climate-controlled units, 32,000 rentable square feet and is 100% occupied. Both sites have been well maintained and have seen historically high occupancy rates. The sites amenities include but are not limited to wide drive aisles, solar powered exterior lighting, security cameras and outdoor parking. The Plymouth location was originally built in 1989. The current owners have completed many upgrades at the property including replacement roofs (2021), doors (2014), drip/plow edge concrete paving and all units are ADA compliant. The larger Waldo location was built between 2003-2016 and features all Trachte manufactured buildings. The Waldo location also has a two-building expansion opportunity (+/- 20,000 square feet), plus additional buildable land for more future buildings. The properties are located less than 5 miles from one another and are less than 15 miles from downtown Sheboygan.

Investment Highlights

  • Two-Property Self-Storage Portfolio in Plymouth & Waldo, Wisconsin
  • 32,000 Rentable Square Feet
  • 136 Total Non-Climate-Controlled Units
  • 100% Occupied
  • Wide Drive Aisles | Security Cameras | Solar Powered Exterior Lighting
  • Expansion Potential at the Waldo Location

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Self-Storage Facility

Mallard & Plymouth Self Storage Portfolio

Listing Price: $2,000,000

Cap Rate
6.36%
Number of Units
136
Occupancy
86.0%
Rentable SF
32,000
Price/Rentable SF
$62.50
Year Built
1989

Investment Highlights

  • Two-Property Self-Storage Portfolio in Plymouth & Waldo, Wisconsin
  • 32,000 Rentable Square Feet
  • 136 Total Non-Climate-Controlled Units
  • 100% Occupied
  • Wide Drive Aisles | Security Cameras | Solar Powered Exterior Lighting
  • Expansion Potential at the Waldo Location

Investment Overview

Marcus & Millichap is pleased to present the Mallard & Plymouth Self Storage Portfolio. This is a two-property self-storage portfolio located in the towns of Waldo and Plymouth, Wisconsin. The portfolio offers 136 total non-climate-controlled units, 32,000 rentable square feet and is 100% occupied. Both sites have been well maintained and have seen historically high occupancy rates. The sites amenities include but are not limited to wide drive aisles, solar powered exterior lighting, security cameras and outdoor parking. The Plymouth location was originally built in 1989. The current owners have completed many upgrades at the property including replacement roofs (2021), doors (2014), drip/plow edge concrete paving and all units are ADA compliant. The larger Waldo location was built between 2003-2016 and features all Trachte manufactured buildings. The Waldo location also has a two-building expansion opportunity (+/- 20,000 square feet), plus additional buildable land for more future buildings. The properties are located less than 5 miles from one another and are less than 15 miles from downtown Sheboygan.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

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