Noah’s Ark Development analyzes conditions in target sites to determine if a proposed self storage project can support a viable business.  This will include the study of the population in the area as compared to population statistics of typical self storage renters.  Traffic generators and patterns, competitor analysis, and an evaluation of the specific property must all be considered to determine true site and business feasibility.

Over twenty years of experience in every aspect of self storage has earned Noah’s Ark Development the expertise to provide you the answers.  Investment, development, design, construction, management and ownership; let our success become your success.

Using the information garnered in the market analysis, Noah’s Ark Development calculates the most rentable percentage for each unit type and size.  The current acreage, use and condition of the land are evaluated, as well as availability of utilities, topography, drainage, jurisdictional requirements, etc.  All of these elements are merged by the design team at Noah’s Ark Development to create the most marketable, ergonomic building layout and unit mix for a particular property, allowing an investor to realize maximum economic return.

Every financial characteristic must be assessed before a decision is made to move forward in the development of a self storage facility.  An Economic Feasibility Study is the analysis of all monetary aspects of a project.  Development and construction costs, the value of the completed project value vs. the loan against it, projected performance, cash flow, investor return, lease-up income and expense schedule, and many, many more considerations determine whether a self storage venture will meet the investor’s needs.

Noah’s Ark Development has been studying self storage for over two decades.  We know what works.

Full service joint venture development is a turn key service.  Noah’s Ark Development can collaborate with the land owners, investors and Noah’s Ark Development to create the JV partnership.  Maverick Investments will detail the agreement contract and will register the resulting partnership with the appropriate governmental authorities.  At the completion of the project, the Certificate of Occupancy is obtained and the doors are ready to open. Maverick Investments is available to handle all contract documents and jurisdictional requirements and filings.

Facility design, architectural detailing, signage, logos, finish schedules and style can all be created by Noah’s Ark Development to polish distinct brand visibility and set your chain apart from the crowd.  Noah’s can identify feasible new markets or locations to infill existing markets, to advance chain profitability and public awareness.

A self storage facility has development considerations that are unique to any other project of any kind.  Noah’s Ark Development has been developing self storage for over two decades and offers a full line of consulting services to assist you.  We know what works.