Require a Feasibility Study?
In today’s climate, there are four main reasons to perform a feasibility study for a self-storage project:
![](https://cssvs.ca/wp-content/uploads/2022/04/Screenshot-2022-04-08-115450.png)
Supply and Demand Analysis
To confirm your own initial findings that a site has the required demand and other features needed for a great self-storage location
![](https://cssvs.ca/wp-content/uploads/2022/04/Screenshot-2022-04-08-121336-768x655.png)
Proforma Analysis
To obtain estimated construction costs, along with an income-and-expense pro forma to better understand the financial scenarios and opportunity for profit
![](https://cssvs.ca/wp-content/uploads/2022/04/Screenshot-2022-04-08-113830.png)
Competitor Analysis
To better understand your competition so you can plan accordingly
![](https://cssvs.ca/wp-content/uploads/2022/04/Big-5-logos-5.jpg)
Bank Requirements
To satisfy the feasibility study requirement of banks or investment partners