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Updated about 6 years ago on . Most recent reply

Storage Unit Complex Exit Plan
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
Most Popular Reply

Greg Dickerson
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
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@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.