Building A

12-10x10 units @ 35.00 per month = 420.00

12-10x25 units @ 45.00 per month = 540.00

Building B

38-12 x 30 units @ 65.00 per month = 2,470.00

Building C

10-12x40 units @ 85.00 per month = 850.00

Gross revenue per year = 51,360.00

We are 90 percent full at this time

Building A is 12 years old and has concrete floors and metal partitions between each unit

Build B is 7 years old and has concrete floors and metal partitions between units

Building C is 4 years old and has concrete floors and metal partitions between units.

The total square footage of the buildings is 22,680 square feet. At a sales price of 399,000.00 this is 17.60 per square foot. Current replacement costs for these buildings in today’s market would be between 25.00 and 30.00 dollars per square foot.

There is room to build 28 more 12x30 or 12x40 units next to building C

The lot is level and is graveled and contains 2.74 acres more or less.

In the last ten years we have only had to have two foreclosure sales because of lack of payment. Most of the units contain boats, jet skis or cars.

Following are the estimated current expenses on the storage units

Taxes-2,689.04

Electricity-720.00

Mowing-1,253.00

Insurance-2,803.00