I currently have a storage unit Buisness and currently building more units. My question is how big do I need to be to sell to a big investment company some day? I am currently at 47020 sq ft, and I am building another 11900 sq ft. I’m not sure if the big investors need a certain sq ft or number of units, to look at a deal. I am not selling the property but I do believe in a exit strategy. Any help would be appreciated. Thanks
@Justin Thiesse every company has different buying criteria. The best thing is to max out your property and the NOI as that will bring the best price regardless of who the buyer is.
I have the opportunity buy more connecting land and build as many units as I need to. I understand I need to maximize my profits and land. Just curious on where to stop growing or keep going on this complex. My thoughts are to keep building as long as I can fill them.
Yes you should definitely keep Building as long as you can fill them up. You could not be too big if there is demand.