Self Storage- Deal 15, Not yet listed property

[Henry Clark]

Got a call from one of our realtors.  An older facility coming on the market in the next week.

Took a look at it and did some quick number crunching.  Asking price is workable.  Good location.  Older but in good shape.  Has two gate entries but a little tricky doing automated gates.  

Has about 75 units in multiple buildings, Metal or wood construction.  

This would have been a great starter location for me to understand self storage and to develop our systems and procedures.  I always say "Start small and Make Your Big Mistakes Early".

Going to pass.  To small of a location versus where we are at from a size and resource standpoint.

Market is still out there.  Financials would work.  It is good to be active with a Realtor, then deals come your way.

Don't call or contact me; not marketing.

Start small and Make Your Big Mistakes Early.