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Updated over 6 years ago on . Most recent reply

User Stats

25
Posts
9
Votes
Ben Bradmon Jr
  • Rices Landing, PA
9
Votes |
25
Posts

Self storage investing.

Ben Bradmon Jr
  • Rices Landing, PA
Posted
There is an 84 unit self storage facility for sale in my area and I know that if bought and managed correctly they can be a good investment. I’m seeking some advice on what to look for in my due diligence. Maybe some benchmarks or questions to ask to know if it’s a good deal or not. They are asking $450k and they’re claiming that the gross income for 2017 was $73k. Any input is appreciated. Thanks.

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