Feasibility Studies: Before You Invest

Location, purchase and development of commercial property

If you are looking to build a new self-storage project, you need to make sure the market will support it. It is important that you seek the advice of a professional that can help you determine this. Most lending institutions and investors want to see a feasibility study from an industry expert. If you are going to build a million to a multi-million dollar business you want to minimize your risk and maximize your success. Hiring a good feasibility expert, like the team at Storage Consulting Pros, can help you to accomplish just this. Contact us today to find out how to get your project started.

Construction Management

Keeping the project on time and on budget

We have extensive experience in developing new self-storage projects.From a simple layout, to technical assistance with the construction of a LEED Certified building, the experts at Storage Consulting Pros can assist you with design and configure your facility.We can also provide owners representation with general contractors to make certain your project stays on target, change orders are kept to a minimum and your facility is correctly built.

It is important to build and design a self-storage project that willadd value to your self-storage facility by helping you optimize the design and curb appeal, functionality, which will help you to stand out from the competitors.

Feasibility Plan Feature

  • Self-Storage industry overview
  • Overview of self-storage project
  • Building site evaluation
  • Property location & description
  • Market profile
  • Population vs. existing square footage of self-storage
  • Population, households, income averages, traffic counts, etc.
  • How these relate to your self-storage project
  • Site analysis
  • Competitive analysis
  • Project financials
  • Marketing plan

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Buying a Storage Facility

Due Diligence Reporting

When purchasing an existing storage facility, make sure what you are being told is correct and hire a professional to examine the market and building for you. The experts at Storage Consulting Pros can review the records to determine if the occupancy reflects a stabilized facility and that the pricing is competitive and fair. Other items reviewed are the delinquent rent and fees percentage and the economic occupancy. Full building inspections are available to verify that the asset is in good condition and to assist in how much if any amount should be held in escrow. These are some of the information required to help with the decision of whether to purchase a storage facility. With the guidance of Storage Consulting Pros, you can be sure of your investment decision.

Full building inspections are available to verify that the asset is in good condition and to assist in how much if any amount should be held in escrow.

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