Feasibility Study Program
We are currently
revamping out Feasibility Study Program
Until this upgrade
is completed we will not contract for this service
Our revised program
will be lender compliant and consist of the following 5 sections

-
A complete overview of
the 'State Of The Industry' from both a micro and macro perspective will
be presented. The target property specific market will be analyzed with
particular attention paid to the local market influencers.
-
Full demographics that
are extremely detailed will be presented showing past, present and
projected make up of the target market.
-
All of the completion
within a 1, 2 & 3 mile radius will be analyzed. This analysis will be
driven by actually visiting the location and thru Mystery Shopping. We
will determine their rates, occupancy, physical plant condition, outside
influencers and management proficiency.
-
All of the obtained data
will then be compiled to recommend an optimal building size. A proforma
will be developed that projects absorption period, unit mix and pricing
that produces a Gross Potential for the asset at 100% occupied.
-
Self Storage Management
makes a recommendation on the viability of the target location. All
supporting documentation and empirical data will be provided to back up
this recommendation.

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