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Great Business Opportunity! Storage Units & Rental Home

Listing ID 22793059 | Updated 162 days ago

$325,000
Willing to negotiate
For Sale

7135 Timbershore Ln
Three Lakes, WI 54562

2 beds, 1 baths
Commercial

Ask the Owner

Tom
1-800-THE-OWNER
(800-843-6963)
Enter Listing ID 22793059

Add to Favorites About this Property

Bedrooms:2 Bathrooms:1 Floors:1.0 Square Footage:1056
Year Built:1986 School District:N/A Garage Size:0.0 Lot Size:1.31 Acre(s)
Amenities:Carpeted Floors, Appliances Included, Fenced Yard, Tile Floors

Build your retirement income with an investment in a storage unit complex and a rental home. With plenty of visibility on HWY 45 just north of Three Lakes, WI on a 1.31 acre wooded lot. The storage units average a 95% occupancy. There are 3 buildings with a total of 44 storage units. The storage unit sizes range from 9x11 up to 11x26. Rent per unit, per month ranges from $35. to $69. The variety of unit sizes attract multiple purpose renters. These buildings are low maintenance with vinyl siding, steel roof, and aluminum soffit. Buildings A & B were built in 2004 and building C was built in 2006. Features also include 220 amps of electricity, and overhead doors, most size 10x8.

Also included in this sale is a 2 bedroom, 1 bath, 1056 sq ft ranch rental home. The home is separated from the storage facilities by a privacy fence, wooded area, and a separate entrance. This home was built in 1986, but was completely remodeled in 2004. Remodeling included new vinyl siding, new carpet, new interior doors, and a new window. A well was drilled in 2006, and the home has gas heaters with electric back up. All appliances are included in the sale. The homes current renter has occupied the home for two years. A lease extends to April 2011. Rent is $440. per month, and has not been raised for a period of two years.

Please don't hesitate to contact me with any questions.

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Call the Owner

Tom
1-800-THE-OWNER
(800-843-6963)
Enter Listing ID 22793059

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