Resource for the Serious Self Storage Investor
Over the years the storage owners and operators (partners) whom now team up with us have seen the best, and sadly the worse. The partners have made one commitment to each other and now to you: If you are a serious investor into the self storage industry including construction, development and design and asset valuations, then we'd like to work with you. Using our proprietary demand, market and economic return model our work provides you with quantifiable yes or no decision.
Below are three examples of the data we capture and analysis we conduct.
"It's about time for this type of business."
Storage Growth Partners, LLC
Desktop Analysis
Address of proposed project location
# of competitors in 3-mile radius
Average rental rates for traditional storage unit sizes (3mr)
Relevant traffic counts (3mr)
Estimated household incomes (3mr)
Estimated population (3mr)
Relevant points of interest (such as schools, major employers, other demand producers)
Pricing history and trends, where available
General observations of market and future development trends
Onsite Market Study
Address of proposed project location
# of competitors in 3-mile radius
Average rental rates for traditional storage unit sizes (3mr)
Relevant traffic counts (3mr)
Estimated household incomes (3mr)
Estimated population (3mr)
Relevant points of interest (such as schools, major employers, other demand producers)
Pricing history and trends, where available
General observations of market and future development trends
Photo narration of site
Pricing of Site or Facility
Square footage of existing competitors
Net Rentable Square feet per person and household
Pipeline of new supply based on permits and hearsay and its effect on demand
Potential Competitor Map
In person store shop for acquisitions
Project Narrative with a general recommended plan of action identifying facility product type and overall opportunity strategy.
Site Visit
Economic Feasibility
Address of proposed project location
# of competitors in 3-mile radius
Average rental rates for traditional storage unit sizes (3mr)
Relevant traffic counts (3mr)
Estimated household incomes (3mr)
Estimated population (3mr)
Relevant points of interest (such as schools, major employers, other demand producers)
Pricing history and trends, where available
General observations of market and future development trends
Photo narration of site
Pricing of Site or Facility
Square footage of existing competitors
Net Rentable Square feet per person and household
Pipeline of new supply based on permits and hearsay and its effect on demand
Potential Competitor Map
In person store shop for acquisitions
Project Narrative with a general recommended plan of action identifying facility product type and overall opportunity strategy.
Estimated economic analysis using agreed upon metrics, including:
a) proforma using standard metrics (provided or as standard)
b) recommended product type and % mix using established average rental rates for each type (climate controlled, standard drive up, covered parking, outdoor parking, personal warehouses and other)
c) estimated rough cost of delivery (acquisition, construction cost per unit type, impact of construction time and absorption)
d) estimated final value based on cap rate range
e) justification for deviations from above
Site Visit