We will have a dedicated focus on the success of your project. Successful self storage is an active operating business with no place for passive management. Doesn’t your multi-million dollar investment warrant full time attention?
Our broad and in-depth experience managing hundreds of self storage businesses has allowed us to develop innovative and proven strategies to overcome the obstacles, maximizing income and value. Additionally we know the markets we work in.
We pride ourselves on the results we achieve for the owner. Educated owners agree it’s an investment for their benefit. We recognize some owners wish to be hands off while others prefer some deeper level of involvement. We are happy to work with the owners in the way they prefer and do not force a one size fits all program on you.
Our team will assume full day to day responsibility to manage and market your storage investment. We handle all marketing, personnel, leasing, lien enforcement, and subcontractors. Employees work for SIMI relieving you of employment related paperwork, reporting, staffing, etc. We maintain the books providing weekly management reports and monthly financials as well as paying all the bills and distributing profits to owners.
We assumed management of this property which was well run but the manager lacked people skills. After replacing the manager and implement our management and marketing strategies we increased income by 20% and NOI by 24% in the first year.
We assumed management of this property which was well run, but the manager lacked people skills. After replacing the manager and implementing our management and marketing strategies we increased income by 20% and NOI by 24% in the first year.
We were hired by the owner to “restore the business value” of his property after years of mismanagement by a family member. We knew this would be a tough one!
Our achievements include reduction of delinquents from $26,000 to less than $1,000. Rapid lease up producing an annual increase to income in excess of 45% and NOI growth of 44%. Expenses increased about 10% due to the fact that nothing was previously being done.
We certainly do! We will provide a list of current and former clients whom we successfully served. Please call anyone or as many as you wish.
Analyzes the existing self storage supply and estimates the demand for the storage in a specific market & provide detailed reports.
A team will visit your business to review and evaluate all aspects of the operation including financial, marketing, personnel, collections, etc. A detailed report will be provided.
We will assist you in site plan design, determining unit mix, evaluating location, building plans & layout. Recommended rates & financial performance can be included.