Self Storage BRRRR project

[Eric Aherin]

Investment Info:

Other commercial investment investment in Pocahontas.

Purchase price: $95,000
Cash invested: $140,000
Sale price: $95,000

Closing on this self-storage property at the beginning of June. Planning on adding value by doing some repairs, raising the rates and bringing more automation to the management.

After I raise the total NOI I plan to refinance pull some of the equity out to start another project.