WHY OWN?

You own and control your space. Condo owners receive a titled deed, just like any other real estate.

You can gain access to your space 24 hours per day, 365 days per year.

You control the security level of your space.

You can totally customize your space to match your needs - from colors, flooring, mezzanine structures, etc.

Your space can include high speed internet and cable T.V. at most GarageTown locations.

You decide what temperature is right for your space.

You benefit from all real estate appreciation and may sell your unit at any time. (The perfect starter real estate investment!)

You can participate in all real estate tax benefits which may include 1031 exchange, depreciation, mortgage interest and property tax deductions. Please check with your tax professional for your specific requirments.

You and your family enjoy the benefits of the Club House - climate controlled, big screen T.V., bathrooms, showers, mini-kitchen, high speed internet.

You can become part of a community of like-minded people who have interests and hobbies similar to yours.

 

OWN vs. RENT - THE NUMBERS

 
Own
Rent
Monthly Payment
$574
$600
Total Annual Payment
$6,888
$7,200
Tax Deferred Investment?
YES
NO
Appreciation Benefits?
YES
NO


Assumptions:

Purchase Price: $59,900*
Financing of $47,920 (80%)
(7.7% APR fixed for 120 Months)



*Prices above are for illustration purposes only. GarageTown prices vary by location as do other storage unit rentals.

Financing is available through selected lenders.
For rates and forms, visit our financing page.



Ready for a Virtual Tour? Just Click Here!


Left: Typical unit interior  |  Right: Owner's Clubhouse

Contact us for more info: 1-866-MyGTown or Sales@garagetown.com

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