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Updated almost 4 years ago,
Mixed use, self storage calculation information requested
My background up to this point is in short term vacation rentals and now small multifamily buy and holds. I'm looking at broadening my portfolio to include self-storage but am in the information-gathering phase. I've received the financials on a local property which is mixed use. The property includes 22 storage units, five tiny houses and 10 RV lots on a local waterway. I'm well versed in the local vacation rental market but would like to connect with a fellow BP'er to discuss the SS valuation. There appears to be some opportunity for improvement on the SS side, it's 50% vacant. I'd like to put together a solid offer and just want to run information by someone that has experience in SS. Thank you in advance.