Arbitraging a storage unit as an STR

[Paul Sandhu]

You know what a storage unit is.  Those storage buildings all in a row with a bunch of garage doors where you can rent out an individual unit to store your stuff.  A person can put some rudimentary furniture in there and maybe a tv, a microwave and a portable toilet.  They have a power outlet and a ceiling light.  The monthly rent for the storage unit is normally about $40.  How much do you think a person can get per night for a storage unit?  There are only about 250 motel rooms in this town.  Starting in January there will be about 1500 people coming here for a major industrial job.