Is self storage even desired by the governing bodies that vote on their site development? Or The public around them?
"People who are ready for a 15 percent loss in occupancy or a 20 percent loss in gross revenue should OK."
Having the ability to analyze demand is key in site-selection, so don't wait until its too late.
Unless you have the years of expertise, a feasibility study by a self storage expert is highly recommended.
What makes this type of storage unique is that there are no specific demand indicators.
Opportunity zones have the capability to be both profitable and beneficial, but they're difficult to come by.
Today’s self storage investment environment can be challenging for those looking to place capital in the asset class.
Over the past decade, we have seen a massive shift in attention to a new set of numbers; saturation level.
In-house data provides the greatest insight into what's actually happening.
As a third-party manager, we’ve found our conversations are immediately more productive when developers have data.