Motel to Storage Units?

[Tia Rubadeau]

Has anyone converted a motel to storage units? Was interested in converting them to studio apartments but the city is reluctant to have studios due to the type of tenant they sometimes attract (going to pursue a pitch as student housing as well...). They are receptive to the idea of storage units and it seems like a relatively quick and easy project compared to putting apartments in. There is potential for 20+ large units and the ability to breakdown into smaller units if the demand was there. There is not much competition in town. I'm in the early stages of researching this project so any feedback or experienced storage unit folks out there who are able to offer some insight would be greatly appreciated! Thanks!