"Feasibility studies serve as the foundation for successful self-storage ventures, illuminating the path towards informed decision-making and mitigating risks. They enable individuals to unlock the potential of self-storage by assessing market demand, financial viability, and operational requirements, ultimately paving the way for sustainable growth and profitability.”
IncaAztec’s Services:
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Market Analysis
- Identification of the facility’s market radius
- Identification of market population
- Discovery of market competition and permitted self-storage construction
- Description of market saturation based on industry metrics
- Conclusion for market viability
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Full Feasibility Study
This package includes the market analysis as well as the following:
- Evaluation of potential net rentable square foot supported by the property
- Recommendations for unit mix and unit pricing
- A sample Pro Forma based on the information above detailing estimated operating costs and profitability