Guy Buys Storage Unit for $500—Finds $7.5M Inside

Well, whatever bargain you scored on Black Friday pales in comparison to the deal a man got when he purchased a storage unit in Southern California in October.

It’s a tale conveyed by Dan Dotson of A&E’s Storage Wars, who was the one who actually sold the unit for $500 through his company American Auctioneers, and who learned what happened next when a woman came up to him at a Nov. 1 charity event.

“She said, ‘I just gotta tell you this story, my husband works for a guy that bought a unit from you and there was a safe in there,'” Dotson recounts to the Desert Sun. Inside the safe was cash—$7.5 million of it.

In a YouTube video in which he explains the story (the original auction wasn’t recorded for A&E), he says that when the storage unit’s original owners found out it had been sold they reached out to the new owners via a lawyer to make a deal to get their money back, making an initial offer of $600,000.

They ended up letting the new owner keep $1.2 million.

People does the simple math: that’s “$1,499,500 in profit on a measly $500 investment.”

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Posted by on November 24, 2018. Filed under NEWS I FIND INTERESTING. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
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