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Updated almost 4 years ago on .

User Stats

43
Posts
27
Votes
Jason S.
  • Investor
  • Walnut Creek, CA
27
Votes |
43
Posts

Self-Storage Investment Columbia, MO

Jason S.
  • Investor
  • Walnut Creek, CA
Posted

Investment Info:

Other commercial investment investment in Columbia.

Purchase price: $850,000
Cash invested: $350,000

131 Unit Self-Storage Facility

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

Self-storage cashflow and recession resiliency!

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

A lot of hard work.

How did you finance this deal?

A local bank.

How did you add value to the deal?

Based on current NOI.

What was the outcome?

So, far we've increased the NOI by approximal $2000/month in 3 months!

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

Just lenders and the broker on the seller side.