| Have you considered getting into self storage, but | | | | storage units will be. Though you've probably |
| are unsure of where to start? Maybe you've | | | | already determined the best mix of unit type and |
| done some research on the industry and while | | | | size during the initial phase, now you need the |
| you're convinced you could make a self storage | | | | architect to put it all in a design plan. Design plans |
| steel building profitable, you're not entirely sure | | | | include the actual site plan as well as landscape |
| where to build, or who to get to help you build it. | | | | design, civil engineering, architectural engineering, |
| Like any other business, self storage requires a lot | | | | MEPs (e.g., electrical and plumbing drawings) and |
| of research upfront before you can decide if it's | | | | structural engineering. |
| right for you. | | | | Each plan usually requires a specialist to design it. |
| Step 1: Should you build a self storage steel | | | | For example, a civil engineer has to handle the civil |
| building? If so, where? | | | | engineering design plan because he would be |
| It would benefit you to hire an expert to help you | | | | familiar with policies and restrictions on land use. |
| assess if you should build a self storage building, | | | | This is the guy who is responsible for watershed, |
| and if so, where. If you've already got a location | | | | zoning and placing utilities, to name a few. |
| in mind, an expert can help you find out what to | | | | Step 3: Constructing your building |
| build and what to charge. This also known as the | | | | Once you've completed the design phase, it's time |
| "feasibility" phase, where you analyze everything | | | | to move on to the construction phase. This is |
| about the project: the true start-up costs, the | | | | typically where a general contractor comes in. A |
| anticipated income, the market, potential locations | | | | general contractor will be responsible for |
| for construction, demographics, proximity of | | | | coordinating the construction and providing quality |
| competition, what customers are likely to pay, | | | | control. The contractor may provide labor and |
| and what kind of self storage will appeal to them | | | | materials, or he may hire subcontractors. He's also |
| most, just to name a few. | | | | responsible for establishing a timeline of the |
| You'll also have to take into consideration city | | | | construction. |
| fees, county fee, state fees, jurisdictional fees | | | | You should be particularly careful when choosing a |
| and other miscellaneous fees that you may have | | | | general contractor or construction crew for your |
| to spend before you can even begin construction. | | | | self storage steel building. You want to make sure |
| That's not counting what you'll have to pay for | | | | that you get somebody that carries insurance and |
| the land, site work (tying in to existing sewer, | | | | has extensive experience in erecting self storage |
| water, electric and gas lines, importing and | | | | steel buildings. They should also be professional, |
| exporting fill, soil conditions, rock excavation, etc.), | | | | which means that they sweep out the units and |
| design and construction. | | | | clean up once the job's done. |
| This phase can give you a good idea of the bare | | | | There's a lot that goes into constructing your self |
| minimum you'll be spending to get your self | | | | storage steel and metal buildings, but the cost of |
| storage steel buildings up and running. If you and | | | | time and money can be well worth it in the long |
| the expert determine that the anticipated income | | | | run. Self storage has been the fastest-growing |
| for your self storage building will be worth the | | | | area of commercial real estate in the U.S. for the |
| start-up costs, then you'll be ready to move on | | | | past 30 years, and only 10 percent of U.S. |
| to the design phase. | | | | households use self storage. That's 9 out of 10 |
| Step 2: Designing how your self storage steel | | | | households that still don't use it, and if you get in |
| building will look | | | | on the game, some of them could be your future |
| Design isn't just about drawing a square on a | | | | customers. |
| piece of paper and marking off where the self | | | | |