Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

176
Posts
72
Votes
Jacob D Adamczak
  • Charleston, SC
72
Votes |
176
Posts

Corporate Self Storage Facility - How to see if they'd sell?

Jacob D Adamczak
  • Charleston, SC
Posted

I passed this place the other day and it was in pretty rough shape.

Its the local Public Storage. Roof had shingles missing and I noticed other deferred maintenance, one of the recent reviews was saying that the climate controlled units were having an AC issue, etc.

image.png



With this being a corporation or franchise, how would you go about trying to see if they'd sell? With storage being so hot right now, I could see this being an opportunity, just not really sure what to do next.
The tax records say the LLC name and a PO box.

I'm guessing that this is a franchise owned by the LLC but with it being a Public Storage (name brand company and not a mom and pop) I didn't know if they trade the same as a mom and pop storage facility  . My thought would be to send a letter like a residential house but didn't know if there was more I could do. Not sure that being a large company that they'd take a yellow letter seriously.

Any suggestions?

Loading replies...