VersaTube Metal Garages

[Brandon Reiter]

I currently have a SFR on a corner commercial lot that allows for up to a 1500 SF garage. My thoughts are putting up a 48' x 30' garage (4 - 12' x 30' stalls). The garage can be built for approximately $21,000 (DIY VersaTube garage kit $12,000/concrete $6000/doors $3000). The current market supports between $125 and $175 per stall per month. Project can be completely financed. Would you do it?

[Rob K.]

Did you factor in the cost of partitions between each garage bay?

Also, will you property taxes go upo significantly? This could decrease your returns.