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Subject:  Re: Self Storage as an Investment Date:  5/15/2003  1:19 AM
Author:  golfwaymore Number:  107193 of 888207

An Editing Oversight:

Charge Rates and Construction Costs

An easy estimate for what you will spend on your structures, if built in the same manner as mine is around $6 per square foot. Several factors can cause this to fluctuate a buck or two in either direction, but $6 per foot is close enough for any calculations you need to do. You can likely plan on collecting around $10 per foot in rents, with no allowance for expense, vacancy, taxes, or insurance.

These two values should be reversed.


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