investment highlights
- QUALITY CONSTRUCTION // Constructed in 2020, this class A self-storage facility offers premium amenities that includes a commercial elevator for easy access to the second level, a large professional-style leasing office, climate control units with metal roll-up doors, keypad entry with 24/7 camera surveillance and well-maintained parking surface throughout.
- MANAGEMENT UPSIDE POTENTIAL // The property currently operates without an onsite manager, presenting an immediate value-add opportunity. By introducing a part- or full-time manager during peak hours, operational efficiency and tenant satisfaction should improve, leading to higher occupancy and revenue. In addition, the facility currently has limited signage to Highway 51 and visibility could be greatly enhanced with more prominent branding.
- STRONG REGIONAL DEMAND // Benefits from a broad geographic draw, with 93 percent of tenants coming from over three miles away. This reflects strong demand for storage beyond just the immediate area. Additionally, 21 percent of the tenant base comes from the local Stoughton community, while 22 percent comes from Madison.
- EXCLUSIVE MARKET POSITION // Holds a unique position as the only storage option within a three-mile radius, creating a monopoly in the local market that sits between McFarland and Stoughton, ensuring consistent demand from the surrounding area.
- STRATEGIC LOCATION // The facility is located on Highway 51, the primary highway between Madison and Stoughton. This self-storage facility enjoys exceptional visibility with 11,130 vehicles passing by daily. The surrounding area is affluent, with an average household income of $115,345 within a three-mile radius, offering a solid tenant base with strong purchasing power.
property summary
KO Storage (Managed) is a 343-unit, 42,705 net rentable square foot self-storage facility located in Stoughton, Wisconsin. The property sits on approximately 2.36 acres of land and was initially constructed in 2020. It contains two stories with all climate-controlled units.
The facility has many amenities including, a large institutional style leasing office with retail and security monitor display, keypad entry, 24/7 video surveillance throughout the facility, and metal roll-up doors.
The facility is centrally located in between Stoughton and McFarland with excellent visibility from Highway 51 and over 11,000 passing vehicles per day. There are a number of major drivers in the area such as Lake Kegonsa, Culvers, and Arby’s to name a few. The property has strong storage fundamentals and average household incomes exceeding $115,000 a year within a two-mile radius and over
$109,000 in a five-mile radius.
