Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

95
Posts
62
Votes
Kirby Davis
  • Fayetteville, AR
62
Votes |
95
Posts

Storage Facility Evaluation - Help

Kirby Davis
  • Fayetteville, AR
Posted

I just had an opportunity come up that I wasn't looking for, and I don't fully know how to evaluate it. It's a 4 metal building storage facility with a total of 24 storage units that rent for $600/month each. Taxes are  $10,500/year and insurance is $3,450/year. Industrial type storage with 14 ft roll up doors on each unit. 

What other expenses need to be accounted for, and how what are recommended assumption rates (vacancy, capex, repairs, etc...)

Any guidance would be appreciated. 

Loading replies...