CAP Rate for Self Storage Units in Naples, Florida 34105

[Edward Hall]

I'm trying to do an initial valuation of a Self Storage unit in Naples, Florida 34105.  I know that full due diligence is required as part of the process but I'm trying to get to a offer, no offer decision.  Seller side realtor said 5% to 6%.  Big difference in value.

What is a reasonable CAP rate for Self Storage Units in NAPLES, FL 34105??

Thanks, Bob 

Forge Investment Group, [email protected]