Here is your chance to own an off market self storage facility for well UNDER replacement cost. This is a 10,660 sq ft facility that is 55% occupied. Mom and Pop owners have not ran this facility well and there is a ton of room for upside in the rents, increases in occupancy and even an extra vacant lot that can be used to add another building or paid parking.
Upside potential of over $600,000 based on 85% occupancy at market rents. Great for remote management like we do with all our facilities. In my opinion, facility needs mostly cosmetics including paint, some metal repair and a few new doors.
For information on this including the drive link and full address, email me or text me.
Again, only $285,000!!