Posts Tagged ‘Case Study 4’

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…