Updated over 5 years ago on . Most recent reply
Small Self Storage deal analyzation - Brain exercise.
I like to get as many opinions as possible. If anyone feels like exercising their brain and analyzing this deal with me, feel free to jump in!
72 units, in bigger city with high traffic. 9,400 sq feet. At 100% occupied, gross is $53,000 per year. Annual taxes are $12,500 and insurance would be roughly $1750. No room to expand. With what info is provided, what number would you be comfortable buying this deal at? And what would your top offer be?