I have never heard of a self-storage facility that small.And ok, you could build more but if you really want to be a self-storage developer, why not look at just buying some land to build.I'm going out on a limb here because I'm not more familiar with your area than looking at it on Google Maps, but I would venture to say there's some cheap land for sale there.Also, again I'm not an expert but I have heard there are a few key metrics to look at for self-storage purchase or development.

Hi everyone,Curious if there are any developers that could price the cost of building a 5 bed, 4 bath at 2200sqft?

Then I would search local craigslist listings looking for private sellers.I developed relationships with some local attorneys and accountants and would visit them weekly asking for any clients looking to sell homes or deceased estates.  

I have an architecture degree and have been working in the real estate development world for a while now and I am looking to get started in real estate investing.

As for right now.. focus on getting the deal closed, develop a marketing plan, budget for when the property is vacant. 

Hi everyone, I'm curious if there are any developers that could price the cost of building a 5 bed, 4 bath at 2200sqft?

. - One other option is borrowing against your existing property but don't know if that is worth the risk- Some local banks or community development financial institutions might be open to giving you a loan even with your circumstances if it falls within their community / social mandates. - Even if the person you are thinking of can't help you, maybe there are folks on bigger pockets who want to go in on this with you esp. if you have the deal sourced...I can't tell you if any of these are the right solutions, completely depends on your specific circumstances but hopefully some avenues you can explore!

"The bottom line, multifamily buyers are wise to evaluate how apartment deliveries and pending development pipelines in their area could impact asset values and operations for them locally and in markets across the country."

It takes a little time to develop the network of lenders but you should find 1 or 2 a month easily if you tell everybody what you do and ask them if they know anybody with capital they want to invest.Keep it rolling!

When you crunch the numbers, you may find it's only value is to clean up the lot and sell it to a developer.