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Updated over 1 year ago on . Most recent reply

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Chris McAdams
2
Votes |
8
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Help I'm buying a storage unit business!

Chris McAdams
Posted

I found a good deal on a storage unit building in the northeast Arkansas area and it's got 3 buildings and 53 units all of which are rented out. i'm taking out a little extra money to do some work and fix the place up, and possibly adding another building of units or two! Does anyone know a general cost on a metal building of that sort? and also the person I am buying the place from has super low rents that I am going to need to bump up a little! Here is what he is currently charging let me know what yall think and any tips for how to bump up prices without making people mad and how much to bump up if I am fixing the place up?

10x10= $35

10x15= $50

10x20= $60

10x30= $70

20x30= $100

12x20=$65

camper= $20

Most Popular Reply

User Stats

8
Posts
2
Votes
Chris McAdams
2
Votes |
8
Posts
Chris McAdams
Replied

Not a bad idea! Most have been there over 10 years or so! But considering how low their rents are compared to the market I’m gunna have to bump it up a little bit to make sure I’m cash flowing enough 

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