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Updated over 8 years ago on .

User Stats

111
Posts
18
Votes
Jacobus Bor
  • Investor
  • Las Vegas, NV
18
Votes |
111
Posts

SELF storage conversion

Jacobus Bor
  • Investor
  • Las Vegas, NV
Posted

Yes we did it again NUMBER 4 soon to open but loan approved and closed escrow

55000 Sq.Ft in the city of Gelsenkirchen   260 thousand population first  safebox self storage

cost of building and land 22 euros per Sq. Ft  add 22 euros per Sq.Ft for conversion cost 

Located right next to REAL ( Wal mart in USA ) and POCO ( IKEA in USA ) across the street 

scheduled income  1.2 million a year  85% occupancy = 1.02 - 400 expenses =602 cash-flow

Safebox has one more we are in negotiation for in city of Kassel which has 200 thousand 

population and one self storage . Intersted in investing ??? contact us Safebox-selfstorage.Gmbh

Very safe and secure 

Offering