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Freedom Through Storage

92 members • Free

StorageAce

351 members • Free

20 contributions to StorageAce
Reviews
Hi All! We closed on our second facility last week and are hoping to get some positive reviews going on our google page. Would love to return the favor for anyone that leaves a review and will be eternally grateful! Thank you https://share.google/y9Z3jScVNKiKEqCtP
0 likes • 8d
@Dave DeMink thank you so much!
0 likes • 8d
@Dave Liemohn thank you !
Painting
Anyone have painting done recently and have a recent quote they can share on price per sf?
Insurance
We are making it a requirement for all tenants to opt into our TPP but how do you handle tenants who have 2, 3, or even 4 units - do you make them insure ALL of their units? Thats a significant bump every month .. instead of just $12/mo on one units it would be $48 for all their units.. yikes.
0 likes • Jan 29
@Dave DeMink thanks Dave! We already use safelease for new customers but are now making it a requirement amongst inherited customers.. it’s time
2 likes • Jan 29
About 70
Off-Market Storage + Commercial Property Assignment Opportunity in IL
Price: $900,000 10.0% cap on AS IS income Total Size: ~35,000 SF 22,000 SF Traditional Self-Storage 6,000 SF Climate-Controlled Storage 550 SF Office 6,000 SF Commercial / Retail Space Financial Overview As-Is Performance: Gross Revenue: ~$150,000 Expenses: ~40% As-Is NOI: ~$90,000 Projected NOI (40% Expense Ratio): Year 1: ~$115,000 Year 2: ~$125,000 Year 3: ~$130,000 Year 4: ~$140,000 Strong yield with built-in organic growth 13.9% cap on Year-2 NOI Value Add Opportunities: Rents approximately 11% below market Ability to add tenant protection / admin / late fees No real marketing presence today No optimized website Signage significantly underutilized Opportunity to professionalize operations and improve collections Room to expand Market Fundamentals: 3-mile supply: 12 SF per capita 5-mile supply: 5.3 SF per capita 7-mile supply: 6.5 SF per capita Population: ~40,000 Median Household Income: ~$53,000 Flood Zone Disclosure: Property is partially shown in a flood zone - Surveyor believes a LOMA (Letter of Map Amendment) should not be an issue based on elevation data Deal Notes: Non-refundable earnest money required once buyer confirms interest and terms are agreed 📞 Interested parties, reach out directly: Direct Message here and/or call 585-351-1198 SERIOUS and QUALIFIED buyers ONLY
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Storage Operators - lets talk SIGNS
Our site does not have much room / its a very weird layout making a post mounted sign out front impossible. Our options are: vinyl banner sign affixed to the fence ($150) or a sign that will be placed on top of the roof of one of our buildings ($1700). Thoughts / opinions?
1-10 of 20
Caitlin Lombardo
3
21points to level up
@caitlin-lombardo-8161
My husband Tom and I are self storage owner/operators looking to continue to acquire more facilities with the overall goal of time freedom

Active 7d ago
Joined May 7, 2025
Rochester, NY
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