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All Forum Posts by: Tammy Garst

Tammy Garst has started 2 posts and replied 3 times.

Post: Seeking Advice -Building New Self-Storage Facility

Tammy GarstPosted
  • New to Real Estate
  • Rosemount, MN
  • Posts 3
  • Votes 3

@Chris Mason thank you for your response. I have contemplated doing a conversion like that with existing warehouse or office space but I am extremely new to commercial real estate investing and I think that is beyond what I'd like to tackle in the beginning. Maybe after my first couple of facilities I will seriously consider something like that. Excellent idea!

Post: Seeking Advice -Building New Self-Storage Facility

Tammy GarstPosted
  • New to Real Estate
  • Rosemount, MN
  • Posts 3
  • Votes 3

I'm looking to invest in self-storage in the smaller cities and towns surrounding the Twin Cities area and am debating between two options: buying land and building a new facility or purchasing an existing one. I'd like to get an idea of what is costs to build from scratch.

Let's say I find a 2-acre lot to purchase. Aside from zoning issues, permits, and city/county requirements, which are highly variable, I'd like to get an idea of how many units/buildings and how to lay it out for most efficient use of space for those 2 acres. Assuming the 2 acres is 100% usable, I'd like to do buildings on one acre and outdoor RV/boat storage on the other acre.

I've looked online at several companies that build storage buildings, but I don't know what size to ask for quotes on.

Does anyone have software recommendations that can assist in planning and designing the layout of the facility? Any recommendations for companies or consultants who specialize in self-storage construction?

    I would greatly appreciate any advice, experiences, or resources you could share to help me plan effectively.

    Thanks in advance for your help!

    I'm excited to join the BiggerPockets community! My name is Tammy, and I'm based in the Twin Cities area. I'm currently diving into the world of commercial real estate with a specific focus on RV and boat self-storage investments.

    As I'm just starting out, I'm here to learn as much as possible and to connect with experienced investors and professionals. I'm eager to absorb any advice, insights, or experiences you all are willing to share. Networking is a big priority for me, so I'm looking forward to building relationships within this community.

    If you have any tips for a newbie in the self-storage sector or just want to connect, please feel free to reach out. I can't wait to get started and grow alongside all of you!