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How To Buy A Self-Storage Facility Properly | Add Comment

    • Agreed...But 6/23/2010
    As a self storage owner, operator, developer and investor, and having previously operated as a dedicated lender to the self storage industry, I agree with most of this article-- if you intend to build a property with no risk (an unlikely proposition). But satisfying all of those pre-requisites might be impossible. Each market is unique-- some markets with 2 s.f. per person are overbuilt, some with 10 s.f./person demand more storage. It is easy to highlight the factors for the perfect situation, more difficult, and more important to use real-world data in real markets to estimate success. By the way, many stores with <50K people in 3 miles make plenty of money. www.StorageStudy.com

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