Dale St Self Storage Deal
Investment Info:
Other commercial investment investment.
Purchase price: $620,000
Cash invested: $100,000
Sale price: $1,100,000
Bought a storage facility in West Texas, expanded the marketing, leased the office and apartment on site, and increased occupancy of storage units. Increased revenue by 3x and sold it for nearly double the purchase price 10 months later.
Please note: I sold this in 2022, represented myself in both the acquisition and sale.