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Updated almost 4 years ago,
Self-Storage Investment Columbia, MO
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.