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KatherineAD
KatherineAD
Junior Member
Last Activity: Yesterday, 12:51 PM
Joined: 28th November 2018
Location: Lincoln, NE
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  • I remember reading this article about a firm that uses them in Norway: https://www.insideselfstorage.com/mo...orage-business. I've always wanted to use them for an office at the entrance to a facility or for a house or cabin. I will be curious...
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  • KatherineAD
    replied to Building large units
    Boat and RV storage demand continues to rise for sure. Where I live, there is a facility that has not had anyone move out of its fully enclosed RV units FOR EIGHT YEARS. EIGHT YEARS. EIGHT.

    If you can make the numbers work with the land and construction costs, do a feasibility study to...
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  • KatherineAD
    replied to Market saturation???
    Wow! That is a ratio of 1 storage unit per 3 residences. I agree, special situations like this are difficult to analyze. Exhaust all of the research on the projected growth for the area from the state Department of Economic Development, local Chamber of Commerce, make friends with the planning, zoning...
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  • KatherineAD
    replied to Market saturation???
    Griz, to ascertain if the opportunity remains, you need to do some research and gather data to determine supply and demand. First, find out your demographic data for the town. I assume the population is less than 80,000 so don't go beyond 10 miles. Then do the same thing for the supply - existing self-storage...
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