Updated over 7 years ago on . Most recent reply
Self storage investing.
There is an 84 unit self storage facility for sale in my area and I know that if bought and managed correctly they can be a good investment. I’m seeking some advice on what to look for in my due diligence. Maybe some benchmarks or questions to ask to know if it’s a good deal or not. They are asking $450k and they’re claiming that the gross income for 2017 was $73k.
Any input is appreciated.
Thanks.