Feasibility Studies

EXPERTS IN SELF STORAGE FEASIBILITY STUDIES

REQUIRE A FEASIBILITY STUDY?

In today’s climate, there are four main reasons to perform a feasibility study for a self-storage project:

  • To confirm your own initial findings that a site has the required demand and other features needed for a great self-storage location;
  • To obtain estimated construction costs, along with an income-and-expense pro forma to better understand the financial scenarios and opportunity for profit;
  • To better understand your competition so you can plan accordingly; and
  • To satisfy the feasibility-study requirement of many banks (especially Small Business Administration lenders) or investment partners

Essentially, a good study will answer several questions and provide a wealth of information to guide planning as well as the site and building design.

To download the feasibility study deliverables please fill out the form below.

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