The sale of a lifetime: “Storage Wars” auctioneer sold a unit containing $7.5M for $500

The buyer of the unit found a safe containing millions

TRD New York /
November 25, 2018 04:00 PM

(Credit: iStock)

The buyer of a storage unit inadvertently landed the deal of a lifetime.

A man bought a storage unit from “Storage Wars” reality TV star Dan Dotson at an auction for $500 and later discovered it contained an unopened safe holding $7.5 million, according to the New York Post.

The news came out after the man’s wife approached Dotson at another auction and explained what they found.

The former owner of the unit later contacted the couple through an attorney offering them $600,000 in exchange for returning the money. The new owners declined at first and eventually settled on giving back $6.3 million and keeping $1.2 million. [NYP] — Erin Hudson


Related Article

arrow_forward_ios
The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

Multifamily market still reigns in Queens, Blackstone balks after rent reforms and more of the biggest CRE trends right now

Real estate titans … and their toys

Developer seeks $40M for Opportunity Zone site in downtown Newark

arrow_forward_ios