Old Hotel into apartments, Should I buy?

[Buck Dabill]

Old Hotel...Do I Buy?

There is this old hotel which has been vacant for 30 years. I have the opportunity to get it for 30,000. its got 47 rooms I was planning on turning it into an apartment complex but that is starting to look to expensive to remodel.  I thought about turning it into a storage facility. and the numbers look much more attractive.  Several questions...Is there much of a demand for climate controlled storage units? The doors on the old hotel are 32" would I need to change out all the doors to overhead doors like most storage places have?  What is the best way to research the demand for storage units in my area? Any help would be much appreciated....