Self Storage Income producing property with relatively low overhead. 27 Dry Storage Units. 5-5x5 units 29/month, 10-5x10 @39/mo and 12-10x10 54/moPotential Gross Income $14,200, Less Vacancy & Credit Loss $4970 = Effective Gross $9230. Average power bill is $30/mo, for lighting only and lights are on a timer. Other expense include taxes, exterior maintenance ($600 annually) reserves for replacements ($500 annually) and management ($1400 annually).
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