Our Self Storage Sales Process
IRE brokers recognize the intricate details involved in owning and operating a self storage facility. To best understand your unique storage property, we engage in a 5 step process to sell the self storage portfolio gaining a maximum return for the seller.
- Step 1: Call Our Self Storage Brokerage Team
- Step 2: Develop the Storage Facility Property Valuation
- Step 3: Self Storage Property Valuation Review
- Step 4: List Your Self Storage Property for Sale
- Step 5: Storage Facility Settlement and Celebration
What’s Included in Your Self Storage Property Valuation?
IRE uses a proven method to properly value your storage facility. Our brokerage team has sold $1 Billion in Self Storage in 500 transactions since 1998. Here are the highlights of what will be included for your FREE property valuation:
- Demographic Analysis
- Comparable Sales and Summary
- Competition Pricing Survey
- Unit Mix Analysis
- Financial Analysis (Revenue, Expenses, NOI Calculations)
- Cash Flow Analysis
- Pricing Strategy
- Market Supply and Demand Analysis
- Property Recommendations
Accurately analyzing a property’s financial statements requires experience and finesse. We will work with everything from hand written ledgers to sophisticated software management to provide you with the most accurate valuation possible. The brokerage team at IRE will transform your raw data into a complete financial analysis, pricing strategy, and list of property recommendations all combined in our free confidential property valuation.
Trusting our team with your self storage investment is the right decision. After you sign the listing agreement, our talented marketing team will jump in and design a comprehensive offering memorandum specifically for your portfolio. It includes maps, photos, charts and more to fully show prospective buyers the self storage property. The offering memorandum is confidential and will only be shared with individuals willing to sign a confidentiality agreement. We have more than 8,000 self storage buyers in our database, and we know which ones will be most interested in your self storage facility.
The sale of your self storage facility is our top priority and we work tirelessly to make sure that we get your property sold, at the best price possible and to the settlement table in a timely manner. Our experienced brokerage team can handle any mishaps that may surface along the way. We can help solve problems before they become deal breaking issues. We keep the transaction moving forward and on pace. Most importantly, we work diligently to ensure the closing company has the correct documents, prorations and settlement sheets.
