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Updated over 7 years ago,
Potential Storage Unit Deal
I'm hoping some of you smarter people may be able to shed a little light here.
I came across an off market deal for a 15 unit storage complex yesterday. They are all 10x15. 14 are rented for $75 and 1 for $100 so the revenue is currently $1,150 a month. It also comes with a build able lot than can be expanded on or sold.
He's asking $110,000.
I have no experience in storage units but it seems like a good deal. Any advice?