Included within Feasibility Study
Over the years, we have helped many clients determine the feasibility of a self-storage project. In today's competitive environment, it is imperative that you seek the advice of a professional that can advise you on the following considerations:
Executive Summary
Summary outlining your self-storage project in detail…
Market Study
Analysis of all current self-storage competition in your primary market…
Demand Analysis
Analysis of Market Supply & Demand…
Unit Mix
Provide unit mix showing various unit sizes and projected rental rates…
Financial Projections
Financial proforma broken down by month showing revenue items, expense items, net operating income, debt service, cash returns and working capital requirements...
Project Costs
Projected project costs including construction costs and additional development costs…
Lease-up Projections
Estimated lease-up by month showing project breakeven point and estimated time to project stabilization…
Valuation & Return
Analysis of cash returns, equity build-up and facility values…
Market Demographics
Demographic analysis of your project's market…
Preliminary Study
We also offer a desktop preliminary study to help reduce your costs. If you like the results of the preliminary study, we can apply what you spent toward a feasibility study.