At Wert-Berater, Inc., we are experts in Self Storage ffeasibility studies, providing essential information to those seeking SBA 504 or SBA 7(a), USDA B&I Loan Guarantee Program or other commercial loans.

 

Our team of professionals is dedicated to delivering accurate and comprehensive evaluations of Self Storage properties, including market analysis, financial projections, and site assessments.

 

With our expertise and attention to detail, we help clients make informed decisions about their investments and develop successful business plans.

​

Whether your project is an expansion or new build Self Storage we have the experience to provide a comprehensive Self Storage feasibility study that assist your decision making process and potential loan underwriting in compliance with the Small Business Administration (SBA) or other commercial loan requirements.

​

See our Experience Page for recent Self Storage Feasibility Studies completed around the nation.

​

FAQs

How do we do it?

Self Storage Feasibility Studies are carried out by a careful evaluation as presented in the following Self Storage Feasibility Statement of Work which complies with USDA B&I and SBA 504 and SBA 7(a) loan underwriting requirements.

​

We subscribe to reliable  and  sources of data that are accepted by loan underwriters.

​

Will my Self Storage feasibility study be accepted by my lender?

We are approved by a vast network of SBA 504, SBA 7(a) and USDA B&I lenders, CDC's and Commercial Banks. 

 

Prior to ordering your Self Storage feasibility study, if your lender in not on our list, we are pleased to provide our feasibility study consultant credentials including E&O Insurance, Sample Self Storage Feasibility Studies, references, and our resumes.

​

How much does a Self Storage Feasibility Study cost?

Depending on the complexity of the project and the time needed to have a completed Self Storage feasibility study ready, the cost varies from about $5,000 to $7,500.

​

How much time is needed for us to complete and deliver your Self Storage feasibility study?

This depends on our workload when you order your Self Storage feasibility study.  

​

RUSH orders cost extra, but can be completed in as little as 5-business days, providing you have the necessary items provided to us at engagement.

​

Generally, Self Storage feasibility studies are completed in about 10 to 15 business days.  

​

What items do I need to provide to have a Self Storage Feasibility Study completed? 

Our Self Storage feasibility studies are comprehensive and intended for loan underwriting purposes.  

​

We normally request the following items when you engage us for a Self Storage feasibility study:

• Parcel number(s)

• Land cost

• Site plan

• Building renderings and dimensions

• Unit mixture and types 

• Project cost breakdown

• Land cost and when purchased or is it under contract

• Resumes for all owners with 20% or more interest

• Loan terms applied for including Loan Type such as SBA 504 or 7(a), USDA, loan amount(s), interest rate and amortization

• Copy of your business plan including your projections

• Any appraisals

• Any environmental reports (if a purchase, continuance or reposition project, all Phase I or Phase II Environmental assessments

• Loan term sheet if available

• Other items you deem important

• Lender contact details