Where Do I Begin?
Oftentimes newcomers to the self-storage industry have heard that there is a great return on investment to be made in storage but are not sure where to begin. While the answer to this question depends on many project-specific variables, there is a short and sweet answer. Do your due diligence. The importance of this can not be overstated.
We usually recommend that our new customers consider having a feasibility study performed by a professional who specializes in self-storage. A good self-storage feasibility study will equip you with information including what the storage type holes are in your market, who your competition is, what rates you can reasonably expect to command, a recommended unit mix, how long it will take for a facility to pay for itself, and more. All of this information helps you to make informed, intelligent decisions and maximizes your odds for success.
A feasibility study is also often required by banks prior to lending on a self-storage project. Talk to your lender about their requirements in this regard as they can vary from one lending institution to the next.
While A-Lert does not provide feasibility studies (this could be considered to be a conflict of interests), we do offer a list of providers who have been used by our customers in the past. To obtain a copy of this list, please fill out and submit the form below.
Our goal at A-Lert is as it always has been, to provide our customers with the best level of service possible, to manufacture top-quality products, and to construct metal building projects that we and our customers can be proud of. Call us today with any questions or to discuss your next project at 1-800-210-5375.