I asked three years of p&L and questioned why there wasnt any utilities, marketing, internet phone expenses, etc? However the broker didnt send me what I asked, instead he litterly told me, use number xx for income, use xx for expenses, and vacancy is xx. P&L was same for past three years. If i want to submit offer then contact him. I may do a back of the napkin underwriting, however how can I get a loan based on such a limit information?!

Good morning, Aces— I wanted to share a real deal with you all that I personally own with a couple partners. We’ are selling it, and I thought this would be a great opportunity for the group. The OM is attached for your review. Not as a pitch—just as a learning and potential opportunity. 👉 It’s a turnkey storage facility with solid fundamentals 👉 It’s a great deal to practice underwriting on 👉 And if it fits for anyone, I’m open to a conversation Zero pressure—whether you look at it for education or opportunity, both are wins. Reach out if you want the details or want to walk through it together. It’s a 107-unit, ~23,000 SF self-storage facility in the Chicago MSA (McHenry, IL) with strong occupancy (~93%), in-place cash flow.

How much value do you give to Unit Mix? I'm looking at a facility that is 95% a particular size. Competitors do not have this same size. Occupancy for this size is 88%. There are only a couple of handfuls of other sizes and half of them are rented out. Should there be any concerns of being too dependent on that one size making up the unit mix?

Hello, StorageAce Fam - I just shared something on Facebook that I think you’ll want to see. Back in April, I closed on Beckley Mini Storage.Six months later → revenue is already up over $4,000 per month. That single change created about $600,000 in new value. And here’s the kicker…I pulled the screenshot straight from my facility management software and posted it. No fluff, no theory — just the real numbers. 👉 https://www.facebook.com/demink/posts/10162213977617153 If you’ve ever wondered what this game looks like in real life (not just in theory), this is it. Talk soon, Dave P.S. The chart says it all. Go take a look.

Hey Everyone, I'm wondering if anyone has done Boat and RV analysis before and if so how did you approach it?