Self Storage Case Studies

Case Study #3 – Preferred Returns

In this case study, Fernando Angelucci looks at preferred returns. First, it is important to understand what a preferred return is. Basically, what this means is that whoever puts in money in the deal, they are gonna get their income first as the preferred return party. In dealing with this, it is important to know…

Case Study #2 – Waterfalls Structure Explanation

Fernando Angelucci was asked a question about what a waterfalls structure is when it comes to investors and investing. This is very interesting and it aligns the actions of all parties in the same direction. Both the theory and application of this structure are discussed in this video so you can understand and possibly use…

Case Study #1 – Mokena Self Storage

Fernando Angelucci is working on a large deal in Mokena, Illinois. This is a project that he is very proud of and excited about. In this video, Fernando discusses this project, how he found it, and what the different factors he had to take into consideration. Everything is covered including his thought process as well…

Case Study 6 – Existing Facility in Branson, MO

A facility in Branson, Missouri with a price of 1.37 million and has about 85,000 people in population. Some of the value adds that can be done on this facility, rents can be raised to market and the manager lives on-site leaving 39 spots for RV parking but still can be expanded. All competitors are…

Case Study 5 – Existing Facility in Rayne, LA

Fernando Angelucci talks about an existing facility in Rayne, Louisiana that is pretty stable. Existing earnest money is about 50,000 with a price of 1.2 million, which equates to about a 7.4% cap rate. It has a population of 500,000 people in the area with a Median Household Income of around 31,000. There’s still an…

Case Study 4 – Existing Facility in Marshall, MN

Fernando Angelucci talks about an existing self-storage with a heavy value add deal in Marshall, Minnesota with the price of about 700,000 that comes out to 9.8%cap rate. The area has a pretty low population and needs about 160,000 in rehab. The Net Rentable square feet in this property is about 157 units. Fernando Angelucci…

Case Study 3 – Existing Facility in Meridian, MS

Fernando Angelucci presents an Existing Heavy Value Add Facility in Meridian, Mississippi. The price is about 300,000 equivalent to about 11% cap rate on the pro forma financials with Earnest Money being $20,000. The facility is on the off-ramp to major highways with a population of a hundred thousand people. There is additional land to…

Case Study 2 – Ground Up in Vernon, CT

For the second deal, Fernando Angelucci presents a ground development in Vernon Connecticut with a price land of $975,000 and Earnest Money of $70,000 The place will be good for ground up and could possibly be a very heavily trafficked area due to the number of commercial buildings like Starbucks, Taco Bell, and Verizon that…

Case Study 1 – Ground Up Development in NY, PA

Fernando Angelucci, “The Storage Stud” has been in real estate since 2013, moved into self-storage around 2015, 2016. He currently owns and operates eight facilities and has another six facilities under contract. Fernando talks about some of his first few deals of today, first one is a ground of development in York, Pennsylvania. Listen here:…