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 also talks about the Total revenue, Earnest Money and NOI.
Fernando O. Angelucci is Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,