4 ms·
120 parking spaces, rent for each at $100/month (which is still too cheap for the space they cover), sounds like a good deal.
by revelation 9y ago
120 parking spaces, rent for each at $100/month (which is still too cheap for the space they cover), sounds like a good deal.
- batbomb 9y agomore like $400/mo. Going price for a parking spot in SF (generally, across the city) is about $200/mo.
- CalRobert 9y agoDonald Shoup would be proud. Free parking is generally a menace to cities.
- ImSkeptical 9y agoI'm not sure that holds true for all streets, especially a private street in a residential area. Suppose there were no problems with parking before - what do you get by introducing a charge suddenly?
- calbear81 9y agoParking spaces go closer to $200+ so that would yield $24,000 a month. Not a bad ROI from this real estate investment! Time for me to go check out this city auction business.