Purchase price: $850,000 Cash invested: $350,000 131 Unit Self-Storage Facility What made you interested in investing in this type of deal?

It should be less for self-storage.

A local cabinet maker had them sitting in storage from a work order change.

The missing link that still needs to be developed is battery tech/storage.

What happens when you get a tenant that likes fresh air and leaves the windows open, but also likes the place warm and cranks the heat to 80*? 

There are also +/- 3000 sf of building on the property that is under utilized and will be converted to individual storage which will be leased to the public.

The neighbors will have to see a degenerating property for a while longer instead of a fresh, updated property.

15% Operating Expenses is low, even for a freshly redone property. 

Lumber Prices Notch Records on Building, Remodeling BoomLumber prices have shot to fresh records, defying the normal winter slowdown in wood-product sales in a sign that the pandemic building boom is bowling into 2021.Records have been set across species, products and grades, according to pricing service Random Lengths.

-Add storage in basement.