What is a Self Storage Facility worth? How do you know?
The question all self storage buyers and sellers want to know - what is it worth? I share today some insights as far as how self storage is valued, but also the very multi-faceted and subjective nature of self storage. I dove into two aspects of value as well - Return and Risk. How do you balance these two elements and what do they mean to you? I also go through a list of how to begin valuing a facility, what to pay attention to and what not to pay attention to, the importance of a margin of safety, and more. Get your notepads out and get ready to take notes so you can get out there and start crushing your storage goals. See you next time guys! AJ