Self storage- Valuation and Buy/Sell concepts

[Henry Clark]

At different times I have noted individuals looking for "that" template.  Take the following concepts and adapt to your needs.  Remember the next person, always makes it better.

Please take the attached as a template and not a specific project or valuation.  Improve it and make it your own.  This is geared to the individual investor and not corporate or multi state groups, who will have their own finance/procurement teams.

There are several tabs and concepts:

1.  Cost projection, 2.  Site layout, 3.  Revenue projection, 4.  PL/Cash flow projection, 5.  Valuation/Brokers/Buy-Sell discussion points.

Well spreadsheet won't post.  Will do images.

Note: This is written for an individual owner or investor. The Big organizations already have their templates and methods. And will be doing Climate controlled.
This is an example, for discussion only.
A. Project Cost estimate from ground up.
B. P/L revenue stream
C. Valuation Buy/Sell
Adjust all of the above to your local market and situation.
	A. Self Storage Project Worksheet
	Drive up Storage
			Notes:
Land	$200,000		4 acres at $50,000/acre
Survey	$7,000		Site, elevation and building layout
Fence	$30,000		Black chainlink
Gate system	$25,000		Automated rolling 20ft
Engineer			if needed; $30,000 to $60,000
Dirt work	$15,000		Slight roll, no dirt brought on site
Building demo			if needed, $15,000 to $60,000
Electrical- site	$7,000		building lighting and office if needed, LED.
Electric poles			if needed; $2,000 per pole. First is free if nearby.
Security	$10,000
Storm drains			if needed; $50,000 to $150,000
Water			if needed; $5,000 just plumbing
Water line			?? if an extension could be $10,000 up to $150,000
Fire Hydrant			if needed, $3,000
Sewer			if needed: $5,000 plumbing
Sewer Line			if needed; $10,000 up to ????
Buildings	$1,180,800		Phase 1 2 acres
Office			if needed, plain storage unit 20x30; $25,000 insulated.
Office setup			if needed, $5,000- computers, printers, HVAC, frig, cabinets, etc
Footings			if needed. ??????
Roads
Gravel			if needed, ?????
Asphalt			if needed, ?????
Concrete	$676,133		6 inch Cubic yards, framed, poured, sawn,
Retention Pond			if needed, part of dirt work cost, less land for buildings
Landscaping	$5,000		I like trees and bushes. Less sterile
Road Sign	$15,000		For highway 55mph billboard sign
Total	$2,170,933