Superior, WI
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KO Storage (third-party managed) of Superior offers investors the opportunity to achieve market share in the densely populated city of Superior, Wisconsin. This portfolio includes 118,360 rentable square feet of drive up self storage between four locations. With consistently high occupancy, KO Storage of Superior has enjoyed strong revenue growth year over year.
Current ownership has made significant improvements to the portfolio’s curb appeal by spending roughly $350,000 on capital improvements over the last two and a half years. These projects include items such as adding security cameras, lighting, replacing doors and much more. With high physical occupancy and many tenants at below-market rates, this is an opportunity to capitalize on increasing rents and the ability to secure new tenants at higher street rates.
Broker of Record – Scott Knepper WI License #59011-90