First self storage unit facility investment - Good deal or not?
I am new to self storage investment and educating myself about self-storage investment. I found a property that interests me. Not sure if this is a good deal or not.
It has 30 units and 2021 NOI of 37K. The list price is ~570K. The cap rate is about 6.5%.
I thought this is a small enough property that I can run and learn. I have full time job but can work remotely. Since the storage operation may not need my full attention all the time, I am thinking about staying at the self storage facility and work for my full time job, and handle a bit of storage operation as well. Is this doable? I would appreciate any feedback.