Marcus & Millichap arranges $2.4 million sale of Wisconsin self-storage property
MMI•Marcus & Millichap arranged the $2.4 million sale of Crosby Avenue Self Storage in Janesville, Wisconsin, a 282-unit property that was nearly 100% occupied at closing.
1. Property sale
Marcus & Millichap arranged the sale of Crosby Avenue Self Storage to an out-of-state buyer from a local owner. The 49,750-square-foot, non-climate-controlled facility sits on 6.77 acres and was nearly 100% occupied at closing, with rental rates significantly below market.
