Purchase price: $750,000 Cash invested: $63,000 Purchased self storage facility #2.

Purchase price: $750,000 Cash invested: $63,000 Purchased self storage facility #2.

Purchase price: $750,000 Cash invested: $63,000 Purchased self storage facility #2. 50/50 ownership with a partner.

I can run ethernet myself, cost is not really an issue, materials are next to nothing, I have a big spool of cat6 in my storage room the terminations in a box, it is just is there a chase to make it happen.   

Looking for a way to determine the current market cap rate for storage units in an area or if it's solely based off the formula of:Cap Rate = NOI/Property Value

Not too familiar with your area but have you considered doing storage units?

By keeping more money in my pocket during the purchase, I will be able to outfit the storage room as a coin laundry, which will service both this building, and the 8 unit building directly next door.

By keeping more money in my pocket during the purchase, I will be able to outfit the storage room as a coin laundry, which will service both this building, and the 8 unit building directly next door.

She would have to drive 30-40 mins one way then handle whatever business such as putting packages in my onsite storage.

I want to claim abandonment and move his things out to a storage unit.