FAQ – Questions About Selling a Self-Storage Business

How do you determine the value of my Self-Storage Facility?

We analyze every self-storage facility as a business – an asset that generates income. We focus on all of the key financial measurements including net operating income (NOI), monthly cash flow, debt, CAP rate, and more. We also evaluate the physical assets – the land and improvements.
Many storage facilities are temperature controlled to protect the belongings of customers.

Will you pay cash for my self-storage business?

Like all investors we attempt to conserve our cash so we can do more deals. So for most deals, we will most likely structure a transaction with a cash down payment and obtain financing from one or more sources.

How fast can you close on a sale of my business?

It is not possible to give you a general answer to this question. All real estate / business deals are different and we can’t predict what factors may cause delays.

Do you charge any fees or commissions?

No. We are operating as principals, not brokers.

Will you buy my property “as-is”?

Yes. We will assume all responsibility for repairs.