Modernize community with new pool furniture, gym equipment/decors, carports, storage/garages, electric car charging, add smartlocks, thermostats, improve curb appeal, business center upgrades, etc... exit strategy price/unit $194k -> sale price/unit 302k ; exit cap rate 4.75%

The basement is also rented for storage space.

Looking to network with Commercial developers for a 3 acre residential lot in Soddy Daisy.Considering ideas for a Storage facility, office ( doctor, dental, insurance etc ) or apartment/townhomes.Lets connect and exchange ideas!

And being a contractor I'm doing so many renovations I try to keep the old equipment on the projects that I'm doing and I put it into storage so if I have a problem I have parts readily available for my repair guy.

My father is dead-set on developing a self storage facility.

Agency debt may not lend you on new appraisal so fat, what is the expected time frame for repositioning the property?

You don't have to be an expert in the asset class (I am an expert in MF, but and LP in storage and land)Con: 1.

I am seeking a commercial real estate agent in Arizona to assist with a purchase of a mini storage facility located in Florence, AZ.

I am also thinking about looking into storage units but I have a feeling that market is no better than rental properties in Austin...

"Anyone ever had to contend with EPA, Phase I, Phase II reports,"Unless the seller owner has them, you'll need to pay for one to figure remediation which, being a salvage yard, is likely UNLESS you can get the local govt to pitch in or they really want it developed (don't think a storage yard is that big a demand).Phase 1 - Means the certified guy does a title search and cursory inspection for prior use.