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Subject:  Re: Self Storage as an Investment Date:  5/19/2003  9:39 PM
Author:  intercst Number:  107986 of 888208

desertdaveataol writes,

Two things I did notice though.
Several of these places appear from the pictures to be housed in what had once been large retail stores or strip shopping centers. Not a bad idea if stores are closing left and right in your area. Make the owner a low ball offer and divvy the place up into storage spots.

That's nothing!

When I worked in New Orleans in the mid-1990's, the office building glut was so bad that they converted the 10-story building across the street to self storage -- Italian marble floors, bronze fixtures, and all.

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