Building Storage Units Business

The process starts with a two way conversation between you and our experienced team.

Building storage units business.

There are companies that construct and deliver storage units in a variety of shapes and sizes that you can buy direct. Costs for single story self storage construction typically ranges between 25 40 per square foot not including land or site improvement costs. Mini storage buildings designed for your specific business working with general steel is a collaborative process that ensures that your final product reflects your specific needs. You must build the unit mix to the market not to skew the psf return.

It s doubtful the 10 by 20 will support that same rate. True commercial development of self storage began in the late 1960s by the pioneers of the self storage business who recognized a growing demand for residential and commercial storage. In reality once you get into the process it s much more complicated than it looks. Multi story self storage building costs have more variables and can range from 42 per square foot to as much as 70 per square foot.

A store with 50 000 net rentable square feet might have more than 500 storage units or as few as 300 depending on the market. Owning a storage unit can be a great business but it s important to know all the related costs and risks so you can develop a realistic business plan before you jump in. Our self storage building packages require a low initial investment feature expandable walls so you can accommodate a variety of customers and can be easily expanded in the future. Most importantly our self storage kits can be erected in a matter of days which allows you to get your business up and running quickly and easily.

Assess all the costs so you can plan your business appropriately and maximize your chance of success. The storage unit business is a sector under the real estate business and as such depends largely on the economy in order to thrive. This business stemmed out of a need in the society where people started seeing themselves acquiring more properties but still living in smaller apartments. 3 ensure you comply and tax and legal regulations.

On paper self storage development seems like an easy and profitable way for people to get into business for themselves. These were the real estate developers who ventured out and set the stage for the industry that we know today an industry that has doubled in. This doesn t mean you should build a higher proportion of smaller units though. A self storage unit business is basically a business where people come around to rent storage units where they can personally store their valuables.