Self Storage investment

[Constantine Vasilatos]

Investment Info:

Other commercial investment investment.

Purchase price: $860,000
Cash invested: $100,000

185 Unit self storage facility.

What made you interested in investing in this type of deal?

11 cap on purchase.

How did you find this deal and how did you negotiate it?

Local Commercial Realtor

How did you finance this deal?

Bank Financing

How did you add value to the deal?

Brought to current market standards,
Stabilized rents.

What was the outcome?

Own and operate two facilities in the Akron area.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Pappas Realty, Akron Ohio