Updated about 6 years ago on . Most recent reply
Storage Unit Opportunity Help
We have an opportunity to purchase a 28 unit storage facility. 18 of 28 units are occupied.
Fully rented, this will gross $2790/mo ($33,480/year).
Costs
Taxes $6307 year
Insurance $1450 year
Utilities $600 year
Management $1900 year
I've inquired about rent rolls and any deferred maintenance and am waiting for a response.
What else should I ask and look for?
TIA