Argus Broker Affiliate Bruce Bahrmasel of Waveland Commercial Real Estate is pleased to announce the sale of I-94 Self Storage located in Franksville, WI which sold on November 30, 2018. The facility is located on the interstate just south of Milwaukee on the frontage road, about ¼ of a mile from the exit. Because of its location, I-94 self storage has great visibility with nearly 100,000 cars passing the facility daily.
The 8,400 square foot property sits on 1.75 acres with the remaining land used for outside parking. The listing was priced to sell and generated several full-price offers, selling for slightly above asking to the most qualified buyer. The buyer owns and operates several other facilities nearby and could easily fold this operation into his others without having increased labor costs.
The property was marketed as a development site with expansion plans approved by local governments. Bruce Bahrmasel represented both the buyer and seller in this transaction.
Bruce Bahrmasel is the Argus Self Storage Sales Network broker affiliate representing Northern Illinois, Northern Indiana and Wisconsin. He can be reached at 312-518-3550. Based in Denver, Colorado, the Argus Self Storage Sales Network (ASSSN) was formed in 1994 to assist owners and investors of self storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced in self storage and income property investments. Now the largest self storage brokerage network in the United States, the ASSSN has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 800-55-STORE or visit Argus-SelfStorage.com.