While basically an owner-occupied business, a self-storage facility also has the features of income property. Once the facility has an established track record, there is any number of non-recourse lenders interested in investing in the income stream of this moderate intensity managed property. Acquisition and construction funds are also available. The underwriting emphasis is on the location, as well as the experience of the sponsor in picking good self-storage locations.
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HOW EQUINET WORKS
