Marcus & Millichap closed the sale of the Champion Storage portfolio, a five-property, self-storage sale across Sheboygan, Wisconsin.
The property has a combined total of 1,167 units. It features both climate- and non-climate-controlled units, outdoor parking spaces and additional warehouse and portable container units.
Champion Storage has had historically high occupancies with current occupancy at 95%, with zero discounting. All five facilities in this portfolio are positioned along Highway 42 with the maximum distance between the facilities being four miles.
Sean Delaney, senior managing director of investments with Marcus & Millichap, represented the seller, JGSS, LLC, and procured the buyer, Rogers Equity Group IV, LLC.
Todd Lindblom is Marcus & Millichap’s broker of record in Wisconsin.
