1. DEVELOPMENT SERVICES INC
FEASIBILITY STUDYFromYour Storage Feasibility Expert
A Feasibility Study is crucial to
the long term success of any real estate
development. A good feasibility study
becomes the marketing plan - a market
driven - strategic plan and development
concept that is the first step in ascertain
ing the viability of a project.
There are three integral conclusions
to a feasibility study - these are:
+ Economic Feasibility
+ Developmental Feasibility
+ Physical Feasibility
A Self-Storage or RV Storage
Feasibility Study normally in
cludes:
+ Self-Storage/RV Industry Trends
+ Site Information & History includ
ing aerial photos if available.
+ Preliminary Site Plans (supplied by
others)
+ Future Facility Improvements
+ Promotion and Marketing Analysis
+ Rental Competition Report and
Analysis including photographs
+ Demographic Analysis & Crime
Statistics
+ Planning and Construction Activity
Report
+ Supply and Demand Analysis in
cluding per capita usages
+ Market Equilibrium and Absorp
tion Analysis
+ Proforma and Financial Analysis
+ Conclusions and Recommendations
+ Assumptions and Limiting Condi
tions
RECORD STORAGE PROFORMA
ANDIIIIIILYSIS
Completion ofrecord storage financial
analysis including lease up assumptions
and IO year annualized income/expense
and future value analysis
DUE DlllGENCE
During your escrow contingency period
you should complete the project due
diligence research. Due diligence
research is required to approve a project
for closing.
Due diligence may include
any number of items.
These may include:
+ Feasibility Study
+ Title Report
+ Environmental Phase I Report
+ Project Budget and Development
Fees
+ CC&R's and Architectural Control
+ Project Financing and Lenders
Commitment
+ Zoning, land use entitlements and
conditions of approval
+ CUP Approvals
+ Easement & Deed Restrictions
+ ALTA Survey
lOAN PORTFOllO
A critical component in receiving the
lenders commitment is the presenta
tion of the loan portfolio. A loan
portfolio should include the following
items:
+ Feasibility Study
+ Compilation of items completed
during the due diligence period and
three years tax returns on all principals
+ Business Plan
Our Other Services
DueDiligence Processing
LoanPortlolioSubmission
selectProiectManagemem
Development Services Inc. specializes
in the feasibility, due diligence, loan
portfolio submission and select project
management for Self-Storage and RV
Storage Projects. To request informa
tion please contact:
JoBeth White, President
1023 Calle Sombra Suite A
San Clemente, CA 92673-6243
Phone 949.218.3655
Mobile 949.433.3395
Fax 949.218.3656
JoBeth@StorageFeasibility.com
www.StorageFeasibility.com