Welcome to Storage Partners LLC
Successful self storage investments need innovation and experience.
With over 100 years of combined experience the management team is uniquely qualified to help you realize your dream of self-storage ownership. Here are three reasons why investing in self storage can be a smart investment:
- Recession-proof. The demand for self storage units tends to increase during economic downturns, as people need a place to store their belongings. This makes self storage a recession-proof investment.
- Scalable. Self storage facilities can be scaled up or down easily, depending on the demand. This makes them a good investment for investors who want to start small and grow their portfolio over time.
- Low-cost entry. It is possible to invest in self storage facilities with a relatively small amount of money. This makes them a good option for investors who are just starting out.
Invest in self storage: A recession-proof asset.
Self storage is considered a recession-proof investment because demand for self storage units tends to increase during economic downturns and self storage facilities are relatively low-cost to operate. If you are looking for a recession-proof investment, self storage is a good option to consider.
- Demand for self storage increases during recessions. When people lose their jobs or their homes, they often need to rent self storage units to store their belongings. This is because they may not be able to afford to move all of their belongings into a new home or apartment.
- Self storage facilities are relatively low-cost to operate. The biggest expenses associated with self storage facilities are rent and property taxes. These expenses are relatively fixed, so they do not fluctuate as much as other expenses, such as labor costs. This makes self storage facilities a profitable investment even during economic downturns.
- Self storage is a necessity for many people. Unlike other types of real estate, self storage is a necessity for many people. This is because people need a place to store their belongings, regardless of the state of the economy. This makes self storage a relatively stable investment that is less likely to be affected by economic downturns.
We are with you every step of the way.
Investing in self storage facilities can be easier, safer, and cheaper than investing in traditional rental properties making it a much more attractive option for investors seeking high ROI. Self storage facilities are relatively low-maintenance with higher occupancy and not subject to the same regulations as traditional rental properties. If you are looking for an investment that is easy, safe, and profitable, get in touch with us today!
Here are just some of the reasons why investing in self storage facilities is easier, safer and cheaper than traditional rental properties:
- Low-maintenance. Self storage facilities are relatively low-maintenance, as the tenants are responsible for the upkeep of their own units. This can save investors a significant amount of time and money.
- High occupancy rate. The occupancy rate for self storage facilities is typically very high, which means that investors can expect to generate a steady stream of income.
- Lower regulations. Self storage facilities are not subject to the same regulations as traditional rental properties, such as zoning laws and building codes. This can make it easier and cheaper to develop and operate a self storage facility.
Our approach is grounded in our deep experience and knowledge of self-storage, real estate and financial markets.
what can we do for you?
FEASIBILITY ASSESSMENTS
We will review your site against our criteria for site selection and provide an initial assessment and recommendation of suitability. We often partner with established national firms to do in-depth feasibility studies. Areas of concentration include:
- Demographic overviews
- Competitive assessments
- Long range financial forecasts and sensitivity analyses
FINANCIAL CONSULTING
We focus on value creation that is in line with market dynamics and the client’s risk profile. Each engagement undergoes intense scrutiny to make sure the capital needs are met in the most economically efficient way to optimizes returns. Areas of expertise include:
- Self-Directed IRA investment structuring
- Sourcing Debt Financing
- Identification and sourcing of Private Equity
- Asset Managements
SITE ACQUISITION
We can assist you in negotiating and closing the acquisition of the land/buildings you intend to acquire. This includes:
- Determining the target price and creating a negotiating strategy
- Negotiating terms and conditions on your behalf
- Creating and or reviewing brokerage agreements, Letters of Intent, and Purchase and Sale Agreements
- Navigating the closing process
DEVELOPMENT & CONSTRUCTION
We have served as consultants or developers on over 60 self-storage projects. We can handle any or all aspects of the development and construction process. This includes acting as the owner’s representative on all aspects including:
- Selecting the Design Architect and Civil Engineer
- Overseeing the site plan and architectural design
- Shepherding the team thru the permit and entitlement stages
- Representing the Owner at hearings and approvals meetings
- Developing the bid criteria and instructions and vetting General Contractors for the bid list
- Reviewing bids and selecting the GC followed by bid award and Contract negotiations
- Overseeing day-to-day construction activities, draw schedules, timelines and project close out on behalf of the Owner.
ASSET MANAGEMENT
Once your new facility is built our team can assist you in managing the self-storage store. We can assist you with:
- Preparing status reports
- Resolving management issues
- Preparing financial statements
- Overseeing tax matters and returns filings
- Creating marketing strategies
- Creating and managing your operating plans and developing and executing an exit strategy if so desired
Building the future, one project at a time.
Meet the Faces Behind Our Success
David Fegley
Mobile: 515-208-9205
Fax: 563-594-5202
dave@storagepartners.us
www.parkaveconsultants.com
Dave Fegley boasts nearly four decades of experience in the self-storage industry, demonstrating expertise in development, construction, and management nationwide. With a proven track record as a consultant and developer on over 60 projects, encompassing nearly 4 million square feet of storage space, he has established himself as a leader in the field.
His adept negotiation, arbitration, mediation, and facilitation skills, coupled with a keen eye for valuation, distinguish him as a proficient professional. Dave’s innovative approach to property management enables him to think laterally and devise unconventional solutions.
Furthermore, Dave possesses demonstrated proficiency in designing, coordinating, and executing effective real estate solutions for various sectors, notably in commercial, industrial, and residential domains. His extensive hands-on experience underscores his comprehensive understanding of diverse real estate landscapes.
Josephine Hart
Office: 561-235-5734
Mobile: 770-880-5309
josephine@storagepartners.us
Josephine Hart, former CEO of National Land Partners LLC, has nearly 40 years of expertise in real estate development, corporate finance, sales, and marketing.
With a $110 million Timber Investment Management Organization background, she excelled across diverse asset classes like self-storage, warehouse, and retail.
Josephine’s consultancy spans 500,000+ square feet of self-storage projects across FL, NC, SC, and the northeastern US, showcasing her pivotal role in shaping real estate strategies.
Leveraging her vast experience, Josephine guides profitable ventures in commercial real estate and self-storage. With keen market insight and proven success, she tailors solutions for optimal returns.
Whether you’re an investor or developer, Josephine offers personalized support, ensuring your ventures thrive in today’s competitive landscape.
Cathie Fegley
Mobile: 515-208-9205
Fax: 563-594-5202
Cathie Fegley brings over three decades of business acumen, specializing in sales, marketing, and operations. With a wealth of experience, she has served as a trusted advisor on numerous self-storage projects within the Des Moines, IA area. Cathie excels in crafting innovative office interior layouts, optimizing lighting solutions, and integrating cutting-edge technology to enhance operational efficiency.
She is ready to leverage her extensive expertise to assist you in navigating the complexities of the self-storage industry. Cathie looks forward to sharing her wealth of knowledge and collaborating with you to achieve your business objectives. Whether you require guidance on sales strategies, marketing campaigns, or operational enhancements, Cathie is dedicated to providing personalized support tailored to your specific needs.
With a commitment to excellence and a passion for delivering results, Cathie is your trusted partner in realizing the full potential of your self-storage ventures. Reach out today to tap into her vast experience and drive success in your projects.
Are you ready to succeed with commercial real estate and self storage?
We're ready to help right now.
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