Self-Storage Feasibility Due Diligence: It's a Requirement, Not an Option
This session addresses critical aspects of preparing a feasibility report or due-diligence review, including site selection, demographics, competition evaluation, pro forma projections and more.
Regular price:
$29.95
Price:
$12.00
Speaker: Jim Chiswell, President, Chiswell & Associates LLCDuration: 49 minutes
Self-Storage Feasibility Due Diligence: It's a Requirement, Not an Option Whether you're building a self-storage project on vacant ground, converting an existing structure or buying an existing facility, doing the necessary feasibility due diligence is no longer an option. If you’re thinking about buying or building a self-storage facility, a feasibility study should be considered a requirement for future success. Our presenter addresses the critical aspects of preparing a feasibility report or due-diligence review, covering issues of site selection, demographics, competition evaluation, pro forma projections and more.
You will learn:
• Why a location’s demographics are such an important indictor of success • The factors to consider when reviewing your area competition • Essentials of designing a unit mix for your facility • Why the building of your financial pro forma is a good time to be honest with yourself