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Updated about 6 years ago on .

User Stats

60
Posts
43
Votes
Bill Couture
  • Rental Property Investor
  • Plainfield, CT
43
Votes |
60
Posts

74 unit self-storage facility

Bill Couture
  • Rental Property Investor
  • Plainfield, CT
Posted

Investment Info:

Large multi-family (5+ units) commercial investment investment in Plainfield.

Purchase price: $760,000
Cash invested: $10,000

74 unit self-storage facility with a single family house that was mismanaged from the prior lessee. Occupancy of the facility was only 50% at lease signing. My wife and I have a lease-purchase agreement with a 10 year option to purchase. www.norwichroadstorage.com