Specialty Garage Condo's Assistance

[Nadir M.]

Hello everyone, 

I am currently in the process of closing on a Specialty Garage Condo located in Colorado. I was part of the initial investors to help secure the land and the bank loan. When discussing whether I wanted to pursue this investment opportunity, I only contemplated selling the units for a profit. As I do more research regarding this niche and the available interest, I've started to think about leasing. 

The question that I now have is how much could I lease these units and what amenities would help drive rental rate and secure a longterm tenant. My units are roughly around 1100 sq ft and if i choose to, I could build a mezzanine, bathroom, or a ceiling fan or all of the above. The problem that I am currently having is finding these rental comps. I do have an RE Agent currently working on these questions but i also wanted to do my own research. I am also trying to figure out the ROI on building any of these amenities. The above mentioned options would cost me roughly 75k.....rather pricey.

Any help or knowledge is greatly appreciated

Thank you BP community.