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💰 Self Storage Power Hour 💰 is happening in 38 hours
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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ISS Article
Reading a recent article I thought I would share… According to Inside Self-Storage (ISS), the self-storage sector is showing early signs of a new investment cycle after several years of slower acquisition and development activity driven by higher interest rates. Asset values have largely reset from 2021/2022 peaks, with investor interest increasingly focused on well-located assets and operational upside. ISS notes improving sentiment around acquisitions, a continued slowdown in new development, and a more supportive lending environment heading into 2026.
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Please stop doing this on Facebook
…instead do this and you will be amazed at what happens.
Please stop doing this on Facebook
Case Study Video Series
Just discovered Dave's Case Study video series... this stuff is GOLD and likely the majority of your questions related to finding facilities, underwriting, operations, deal negotiation, follow up, etc. can be answered in these series. CHECK THEM OUT!!
Add this wholesaler to your list
Team - please add Direct Deal Properties to your wholesaler list: Andrew Collier directdealproperties@gmail.com
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StorageAce
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StorageAce empowers you to build a cash-flowing self-storage portfolio, offering tools and systems for financial freedom on your terms.
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