public storage: How do you evaluate Self-Storage projects?
- 06/09/08 06:17 AM
QUESTION: Do any of you have experience with storage units? I am working with other investors on the preliminary due diligence on a large storage unit project. We have a lot of expertise on our team, but we do not have anyone who has specialized in storage units. Thanks! ________________________________________________________________________________________ ANSWER: If this is preliminary research before your purchase, you want to: •- shop the competition in a 3 mile radius •- find out what the unit mix is, what they charge, how full are they •- determine what the median gross income is and where it comes from •- how many … (1 comments)
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