So what are the factors to consider when you purchase an existing self-storage Facility?  The traditional measure for determining value is the capitalization rate, or ratio of net income to purchase price.  As investors, we are always striving for the highest return on investment, (ROI) but what if you’re considering several properties with similar cap rates?  What follows is an assessment of what can influence your decision to invest in one facility over another- all things being equal.  
The first step is to determine your own investment objectives.  Are you going to be an active or absent owner?  How will you manage the property?  Will you hire a management company?  What sort of return do you require?  What are your…



Source by Scott Meyers