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REsimpli

1.1k members • Free

StorageAce

487 members • Free

26 contributions to StorageAce
Self Storage Auction
Hi All, So on Crexi we are seeing self storage auctions for facilities. My question is how the auctions are executed and what possible offer choices can you do. For example: 1) Can you put in a master lease agreement ? 2) Can you put in a seller financing agreement and terms? 3) Purchase Conditions: Deposits (refundable or not), Financial, Review rent roll and expenses... 4) How long does an auction for a property last? All offers come in like a silent auction. Then after 8 hrs of accepting offers, then the seller reviews the offers and responds. Or is it just a fixed price? then goes up in real time and you have to be ready with your price and conditions and submit it in. Is it free to enter an auction? Thanks in advance for the help.
1 like • 3d
It depends on who it running the auction. Also, several of them usually reserve the right to accept offers prior to auction so if you have a solid offer I would submit to the agent. I know a few of the auction companies do require due diligence prior to the auction so that something you need to take into consideration. There's too many differences from one to the other, so it's really hard to give you a specific answer.
Internet speed needed for security cameras
Doing some DD on a facility in a rural area. People around there use Spectrum for internet. I'm looking at the pricing and wondering which plan I would need. See below. From my research, it's not so much the download speed that matters but the upload speed for clearer and smoother videos. How do you determine how many cameras are needed and what internet speed? Also, I've heard of others using Starlink. Wonder if that's an option and how much that would be.
Internet speed needed for security cameras
0 likes • 3d
@Tommy Xaysongkham There are the ones I use from Eufy. if you can afford it I find the wired ones are the best. you can go POE.
Wholesale opportunity - 47K NRSF | 300+ units
Looking at potentially assigning a storage opportunity due to a shift in capital allocation. -47K NRSF | 300+ units $1.59M ($34/SF) — well below replacement cost -Strong TX tertiary market with 125K population and growing, supported by a large military base - Large gap between in-place and market rents - Closest competitor is fully occupied - No marketing presence / no online rentals This is a value add with a healthy upside Stabilized potential: ~$260K NOI ($4M value @ market cap) If this fits your buy box, text me at 720-792-5454 and we can coordinate a time to talk through details.
1 like • Apr 14
Can you send info to ak@sellstorage.net
Painting
Anyone have painting done recently and have a recent quote they can share on price per sf?
0 likes • Feb 24
I’ve used Mike Purvis as well and they do a good job.
Boat & RV Storage demand analysis
Hey Everyone, I'm wondering if anyone has done Boat and RV analysis before and if so how did you approach it?
3 likes • Nov '25
I have not but have spoken to others in the past about it and it’s hard to judge. I basically will look at location, proximity to the lakes they will be using and occupancies and go from there.
1-10 of 26
Anthony Kusky
3
28points to level up
@anthony-kusky-3175
over 20 years in real estate and 2 years in self storage. Wholesaled over 1000 SFR and now own 4 self storage location and looking to grow.

Active 3d ago
Joined Jan 14, 2025
melbourne, Fl
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