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Updated over 2 years ago, 09/18/2022
Shipping Container Self Storage Business
I own several lots that are Zoned I2 in Indianapolis Indiana. Based on the zoning I can do nearly anything I want.
I am looking for a low neighborhood impact business that has a high cash flow with low entry.
My thought is in buying shipping containers and packing them in tight on the lot and creating a commercial storage business.
By my estimates the property could generate up to $96k a year with less than 1 year's income to reach full build out.
Any one have experience with this model? Shipping Container Sources that can deliver and are reasonably priced?
pitfalls?
I think I have hit on a decent business that could employ 1 or two people and still generate a very reasonable return.
My thoughts are the renter's would sign a loss and liability wavier and I would provide security cameras and lighting.