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Self-Storage Facility

Stadium Self Storage

4000 W Burnham St, Milwaukee, WI 53215

Listing Price: $17,400,000

Cap Rate
5.16%
Number of Units
904
Occupancy
4.4%
Gross SF
110,577
Rentable SF
110,577
Price/Rentable SF
$157.36
Year Built
1942

Investment Overview

The facility consists of 904 units across 110,577 net rentable square feet. One two-story climate controlled structure with basement, as well as leasing office and two large covered loading bays. In addition, there are four single-story drive up all metal building and an outdoor surface parking area for vehicles.

Investment Highlights

  • Upside Potential // Owner managed facility with an impressive track record of mid 90's occupancy; upside in implementing revenue management and dynamic pricing models as well as tenant insurance.
  • Institutional Quality Asset // Well maintained property with attractive layout and amenities headlined by two large covered pull-in loading bays and large well appointed leasing office.
  • Undersupplied Market // Mid 90's average occupancy across the comp set bolstered by just 4.3 square foot per capita within three miles..

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

Stadium Self Storage

Listing Price: $17,400,000

Cap Rate
5.16%
Number of Units
904
Occupancy
4.4%
Gross SF
110,577
Rentable SF
110,577
Price/Rentable SF
$157.36
Year Built
1942

Investment Highlights

  • Upside Potential // Owner managed facility with an impressive track record of mid 90's occupancy; upside in implementing revenue management and dynamic pricing models as well as tenant insurance.
  • Institutional Quality Asset // Well maintained property with attractive layout and amenities headlined by two large covered pull-in loading bays and large well appointed leasing office.
  • Undersupplied Market // Mid 90's average occupancy across the comp set bolstered by just 4.3 square foot per capita within three miles..

Investment Overview

The facility consists of 904 units across 110,577 net rentable square feet. One two-story climate controlled structure with basement, as well as leasing office and two large covered loading bays. In addition, there are four single-story drive up all metal building and an outdoor surface parking area for vehicles.

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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