▲ 3 r/selfstorage
Valuing a Self Storage Business
Investors - what would you say a storage unit making $350k NOI per year is worth that is fully hands off and managed by another company? The company charges ~$32k/year.
Obviously there are a lot of nuanced details like the location, charged versus market rent, occupancy rates, etc.
But if you had to give a ballpark range, what would it be?
u/UnderstandingOdd67 — 13 days ago