Please give your opinion on this self storage facility

[Ben Lee]

Anyone investing or has invested in self storage units? Please give your opinion on this one:

Project Description

Self Storage Facility

Location: small city with population around 170,000 in US

Total S.F. =81,000

Total Acres=4.3

Year Build: 2005

Net Occupied Space - Today: 32,000 SF

Gross Income: $384,000

Operating Expenses: $250,000

Net Operating Income - Pre Debt: $134,000

Asking price: $2,500,000

Thanks in advance.