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Storage Facility Tune-ups

Storage Facility Tune-ups heading image

This involves 2-3 days of physical on-the-ground site work and 2-4 days of research and analysis from our offices. We will meet with existing staff, audit true occupancy and delinquencies, shop the facility, interview staff, etc., to gleam their true skill level. We will also perform a thorough market analysis of the competition that includes:

  1. Shop and summarize 3-5 mile market radius of competition with estimation of occupancy percentages, appearance, and market position.
  2. Review competition for ingress, egress, signage, location and overall curb appeal.
  3. Provide market price rate survey with recommendation for your site.
  4. Examine unit mix for site versus marketplace.
  5. Review and rate property amenities and services.

We will provide a written summary of our findings along with an estimate of what we believe we can accomplish at the property (i.e., how long we estimate it will take us to reach stabilized occupancy and whether our approach would be to change or re-train existing staff). We would also be available to review the findings orally by conference call.

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