In a pad split , the tenants share kitchen and often bathroom facilities. 

Purchase price: $850,000 Cash invested: $3,200,000 Want to see what buying an old abandoned grocery store for $850k, and converting it to a Class A climate controlled self storage facility wirth $13.5 million looks like?

Crystal View is quoting TARGET RETURN 12-15% IRR and 1.5x MOIC, period 5-10 years  It looks like they focus on mobile homes and self-storage facilities.

Every truck parking facility that is built in our market is fully leased up quickly.

@Alexei Amelenko tourism is certainly booming! 

I bought a storage facility in 2021 and put that in an LLC because it's more of a business.

This is a hot spot for tourism with beautiful beaches and great entertainment/events.

I’m not saying this is a bad thing but come on, this county takes in so much money from tourism there shouldn’t be a need to keep increasing our taxes and adding new fees.  

The situation is particularly critical as the Upper Peninsula has upcoming projects, such as the opening of Copper Peak, set to boost tourism, and the launch of copper mines.

The SEC has changed the rules and most of them for the good but anytime you are looking at multifamily on a higher scale it is a good way to avoid a vacay at Coleman or Englewood Federal Correctional Facilities.