Evaluating Self Storage Options: Should I Buy Existing or Build New?

Jamie Lindau will walk you through two different locations for sale; evaluating what a buyer of an existing facility should be looking for and suggesting how increase revenue after purchasing. Many buyers of existing sites add on - he'll explain what pitfalls other storage owners have encountered and help you to ensure that future expansion plans go smoothly. He'll also explain how sale prices are determined using cap rates. (Run time 28:52)