SelfStorageInvesting.com™ Announces $1.1 Million Student Acquisition

July 14, 2011 - PRLog -- Self Storage Profits, Inc., a Self-Storage education and mentoring firm based in Indianapolis, recently assisted another student in the acquisition of a Self-Storage facility in Danville, Illinois using the SBA 7(a) loan program.  The property is an older facility in a secondary market that has recently undergone a significant facelift, modernizing it with above-average technology upgrades including a sales kiosk.  The property, previously branded as Always Open Storage, was immediately rebranded as Steady Storage under the new ownership.  

“It’s so exciting to see another one of our students, David Manka, become a first time self storage owner” said Scott Meyers, founder of Self Storage Profits, Inc.  “The deal had it’s fair share of challenges, but in the end, our staff of mentors and lenders were able to close the deal for David, which provides more proof that the market is nowhere near as bad as people perceive.  We are looking forward to closing several more deals like this in our pipeline throughout 2011.”

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To find out more about Self Storage Profits, Inc. and its mentorship program, visit our website www.SelfStorageInvesting.com. To speak with Scott, founder and president, directly, contact him at 317-506-4900 or Scott@SelfStorageInvesting.com.