The feasibility study package for the proposed real estate development project includes several key elements. First, a summary report of the comparative study conducted to evaluate similar projects in the area will be included. This report will provide an overview of the market conditions and potential competition. The package will also include start-up cost and working capital requirements, as well as a detailed unit mix with market average rates for the proforma of five-year income and expense projections.
Additionally, the package will include five-year projections with month by month lease up details and monthly cash flow to be expected. Finally, a detailed development cost template with internal rates of return will be provided to determine the profitability of the project. A site plan and office layout will also be included for visual representation. These elements will help assess the feasibility of the project and determine its potential success over time.
Summary reports of the Comp Study above
Start-up cost and working capital requirements
Detailed unit mix with market average rates for proforma of five-year income and five-year detailed expense projections
Five-year projections with month by month lease up details and monthly cash flow to be expected
Months 1-60 detailed development cost template, with internal rates of return
Site plan and office layout
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Award-Winning Initial and Continual Training Programs, including year-round online training & communications interface, plus our Annual Company Training and Awards Banquet weekend.
State-of-the-Art User-Friendly Technology to Promote Operational Efficiency.
Devoted Area Manager and Corporate Support.
Leading-Edge Marketing = More Traffic to the Site = More Leases.
Rental trucks, Boxes & Supplies, and Other Ancillary Opportunities.
Increased Customer Storage Insurance Commissions.
In-House Coordinated, Monthly Online Auctions: Enforce Late Fees, Improve Collections, and Free Up Units.
Leading-Edge Marketing = More Traffic to the Site = More Leases.
Rental trucks, Boxes & Supplies, and Other Ancillary Opportunities.
Increased Customer Storage Insurance Commissions.
In-House Coordinated, Monthly Online Auctions: Enforce Late Fees, Improve Collections, and Free Up Units.
Online Report Access Anytime.
Full Financial Report & Earnings Deposit by the 15th of Each Month.
Monthly Owner Meetings (Online or in Person) or Calls with Area Manager – whatever is most convenient for your schedule.
Speak with a Leadership Team Member at Any Time. We are here for you.
