Self Storage Feasibility Studies

---

We perform the due diligence necessary to fully evaluate the true potential of your self storage investment and develop strategies to enable you to get the most from your investment.

The Feasibility Study will enable you to validate your project to investors and financial institutions.

Questions to be answered by the Feasibility Study will include:

• What is the likely financial performance of the proposed project?
• Is the site an appropriate location for a self storage facility from the standpoint of the physical features of the site and building and its surrounding market?
• What are the likely impacts of major competitors in the market and how should you best position your facility in the marketplace with the right design and services?
• How much cash will be required, how many units and net rentable area should be built and how long will it take to get the project to break even?
• What is the nature of the market area that the proposed self storage facility will serve?

The report will provide specific development, design and marketing recommendations including:

• Development Sketch Plan
• Rental Unit Plan
• Phasing Plan
• Self Storage Building Design
• Demand Analysis
• Financial Projections
• Operating Budget
• Break Even Analysis
• Five Year Projection Analysis
• Financial Return & Valuation
• Specific Plan for Best Operational Practices

All services are performed by Jeffrey Supnick, a 25 year self storage industry veteran and former real estate officer for both Public Storage Inc. and Storage USA. During his career in the self storage industry, he had full charge responsibility for the development of over forty self storage development sites. Mr. Supnick is an honors graduate from the City University of New York with a degree in sociology and holds a Masters Degree in City and Regional Planning from Rutgers University in New Brunswick, NJ. He is a frequent contributor to both the Mini Storage Messenger and Inside Self Storage magazine.