PRLog - Feb. 2, 2012 - INDIANAPOLIS -- Self Storage Profits Inc., a nationwide self storage education and mentoring firm based in Indianapolis, Indiana, recently assisted four students in the acquisition of Self-Storage Facilities in four separate transactions in: Shelbyville, KY, St. Louis, MO, Danville, IL, and Bettendorf, IA. These separate transactions totalled over $6.9 million.
The Properties were purchased using various funding options such as the SBA 7a Loan Program and community banks with participation by the sellers and private lenders in three of the four acquisitions. The properties are located in Secondary Markets and each represents a value-add component to the new owners.
“It’s so exciting to see four more students become first time self storage owners,” says Scott Meyers, Founder of Self Storage Profits. “We’re off to a really great start to the year and this provides more proof that the market is nowhere near as bad as people perceive. We’re looking forward to closing several more deals like this in our pipeline throughout 2012 for ourselves and for our students.”
Self Storage Investing, the educational component of Self Storage Profits, Inc, offers workshops, online webinars, e-books, and more by experienced professionals to investors looking to get into the self storage real estate market.
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Self Storage Profits, Inc. and Scott Meyers can be reached by calling 866-693-5999;