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4870 66th Street NW - Walker Storage Max Immeuble de 31 920 pi² • Spécialité • À vendre 3 471 185 $ CAD • Walker, MN 56484



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Faits saillants de l'investissement
- High occupancy since inception — both buildings have been fully leased since delivery in 2020 and 2021, demonstrating exceptional, proven demand.
- Purpose-built for high-value cabin/lake country demand — large, RV-sized units with in-floor heating, ventilation, and 30-amp power
- High-quality security and construction — fully fenced with barbed wire, keypad access, surveillance cameras, and bollard-protected units
- Significant income growth potential — only one rate increase implemented since construction (last raised 2 years ago)
- Prime Highway 371 location — high-traffic, high-visibility site in the heart of Leech Lake cabin country.
- Potential for assumable debt — buyers have the opportunity to assume a portion of the seller’s existing debt at a favorable rate
Résumé de l'annonce
Walker Storage Max presents a rare opportunity to acquire a best-in-class, purpose-built self-storage facility in one of Minnesota’s most sought-after lake and cabin destinations. Situated directly off State Highway 371, the property benefits from prime visibility and high traffic density in a market defined by strong seasonal and year-round demand. Walker sits at the gateway to Leech Lake and the surrounding cabin country, where limited storage supply and a growing base of seasonal residents, boaters, and RV owners have created outsized demand for secure storage, particularly for large vehicles, boats, and recreational equipment that don’t fit conventional units.
The facility was developed in two phases, with the first building completed in August 2020 and the second in July 2021, and has maintained 100% occupancy since each building opened. Despite this exceptional performance, the current ownership has only implemented one rental rate increase since construction, with the most recent adjustment occurring two years ago, pointing to significant embedded upside for a new owner. Built to serve the region’s RV and lake-country clientele, the units feature 14-foot automatic doors, in-floor heating, ventilation systems, 30-amp outlets, and man doors, combined with robust site security including full perimeter fencing with barbed wire, keypad access control, surveillance cameras, and bollard protection at every door and corner.
The facility was developed in two phases, with the first building completed in August 2020 and the second in July 2021, and has maintained 100% occupancy since each building opened. Despite this exceptional performance, the current ownership has only implemented one rental rate increase since construction, with the most recent adjustment occurring two years ago, pointing to significant embedded upside for a new owner. Built to serve the region’s RV and lake-country clientele, the units feature 14-foot automatic doors, in-floor heating, ventilation systems, 30-amp outlets, and man doors, combined with robust site security including full perimeter fencing with barbed wire, keypad access control, surveillance cameras, and bollard protection at every door and corner.
Faits sur la propriété
| Prix | 3 471 185 $ CAD | Taille du lot | 3,20 AC |
| Prix par pi² | 108,75 $ CAD | Taille du bâtiment | 31 920 pi² |
| Type de vente | Investissement | Nombre d’étages | 1 |
| Type de propriété | Année de construction | 2020 |
| Prix | 3 471 185 $ CAD |
| Prix par pi² | 108,75 $ CAD |
| Type de vente | Investissement |
| Type de propriété | |
| Taille du lot | 3,20 AC |
| Taille du bâtiment | 31 920 pi² |
| Nombre d’étages | 1 |
| Année de construction | 2020 |
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Inaccessible à pied
10/100
Exceptionnellement adapté aux voitures
90/100
Relativement accessible en vélo
20/100
Impôts fonciers
| Numéro de lot | 38-390-0150 | Évaluation des bâtiments | 1 586 827 $ CAD |
| Évaluation du terrain | 108 386 $ CAD | Évaluation totale | 1 695 213 $ CAD |
Impôts fonciers
Numéro de lot
38-390-0150
Évaluation du terrain
108 386 $ CAD
Évaluation des bâtiments
1 586 827 $ CAD
Évaluation totale
1 695 213 $ CAD
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Entreprise non fournie
4870 66th Street NW - Walker Storage Max
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