The Leader in Self Storage Construction
Wanting to know what it costs to build self-storage facilities is often the first question a new investor asks. It seems like a simple question, but once you delve a little deeper, you will find that there are a lot of variables that make that question hard to give an easy answer to. Location, design, zoning restrictions, site improvements needed, etc., will all impact the costs to build your self-storage facility.
If you have a financial stake in a self storage business, either as a business owner, partner, manager or investor, your goal is obvious: increase self storage profits. Whether you're starting a new self storage business or thinking of expanding your current business, the following self storage profit centers can provide rental and retail sales opportunities that bring welcome self storage ancillary income to your business.
When you are designing your Self Storage Development, your ultimate goal is to maximize your Return on Investment. Whether you're building a Self Storage Building facility from the ground up or looking to expand, it's important to understand the market and create the right investment strategy.
The first consideration in developing any new Self Storage facility is always location, location, location. You want to have a Self Storage building that is located where potential customers need it and will see it. But what will they see?
With self storage facilities moving into metropolitan areas, business and retail malls, and even, in residential areas, how your self storage building looks can be just as important as where it is located. Design your Self Storage Building to attract customers - lots of them.
Self Storage owners can take their cue from successful retail and restaurant operations to draw customers to their facilities. Most successful retail powerhouses use color, texture and design elements in a consistent way to brand their businesses. Certain design elements are used consistently on their buildings and throughout all of their marketing; advertising, signage, print materials, website, promotions, etc., to create a strong brand image for their businesses.
Self Storage operators can and should use color in the same way to brand their business. Use color and texture in innovative ways on your Self Storage Building and signage to stand out from the crowd. Color can be incorporated beyond your walls. Consider contrasting colors on the trim, roofs and signage. Carry that color combination through to your marketing programs. When you are ready, you can repeat that combination as you expand to other locations to have a brand image that customers will recognize.
See how color can change the overall appearance of your Self Storage building.
Self Storage buildings have moved well beyond basic steel structures. Today, there are a variety of materials, finishes and amenities to create eye-catching curb appeal for your self storage buildings.
Metal exteriors are still the first choice for most Self Storage builders. But metal siding does not need to be boring or unattractive. Steel Self Storage Manufacturers have responded to market demand for attractive choices in siding with a wide variety of colors and metal panel profiles. Different panel designs can be combined in a variety of ways to create interesting textures. Metal panels can also be combined with other materials to create innovative Self Storage design that incorporates a variety of colors, textures and finishes. Galvanized finishes resist rust and corrosion. Metal panels are also designed for ease and speed of installation making them the most cost effective, easy to maintain and durable choice for Self Storage Building. Below is an example of innovative Self Storage Building Design for a specific area and target market in Vail Colorado.
Masonry is also prevalent in Self Storage building. Concrete masonry can be used in a variety of ways to create an interesting and durable Self Storage building exterior. Because concrete generally requires more labor and construction time, it can be more costly than metal exterior panels but can result in a beautiful Self Storage facility that will last the test of time.
BUILDING SELF STORAGE PROFITS THROUGH INNOVATIVE SELF STORAGE BUILDING EXPANSION
Despite a slower economy, boat and RV owners continue to take pride in their toys and look for a place to store them. With the cost of some RVs and boats running into six figures, people who own such luxery items are less likely to be facing financial hardship and more likely to have the disposable income necessary to afford secure storage. While building Boat and RV Storage requires planning and a fairly large lot of land, it presents a great opportunity to turn this type of storage into a healthy profit for your business. This is especially true if you own land near water, camping or recreational facilities. Before you make a commitment to build a new RV and Boat Storage center, here are some of the costs associated with this business venture.
The self-storage industry keeps expanding and evolving well beyond simple storage units for personal items. In our last blog article, we discussed the growing need for self-storage in the business sector. Read more about this growing market and why you might want to expand your self-storage facilities to accommodate it.
RV ownership in the U.S. hits new highs! The number of RV-owning households grew to 8.9 million in 2011, up from 7.9 million in 2005. A whopping 8.5% of U.S. households now own an RV. This is good news for the self-storage business.
