Building Self Storage and maybe Boat and RV

[Ben McMahon]

Afternoon BP.  

I know there is a lot of info on here about storage, but an opportunity has landed in my lap, and I wanted to put it out there.  My brother has an off market purchase opportunity in a somewhat rural area.  He wants to build storage because there is none available.  if you call the local places, they are 100% full and there's a waiting list.  

The location is ideal.  Visible from a major highway, and near the intersection of another major highway.  5 acres for 400k.   the town is not large.  town is about 10k and county is about 50k.  The neighboring town and county are in the same boat, but bigger.  about 3 times the size.  Just trying to figure out the size of facility to build, and than back it in to make sure its worth it.  

I also think it might be worth Boat and Rv storage since its at such a good location from both north to south and east to west.  Thanks 

Ben