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Self-storage properties are found in rural, urban, and suburban areas throughout the United States, but many real estate professionals and market participants simply do not understand the dynamics of the self-storage market. Market Analysis and Valuation of Self-Storage Facilities has been developed to describe the operation of this volatile market segment and to educate appraisers and others about the value of existing and proposed self-storage projects.
Market Analysis and Valuation of Self-Storage Facilities contains industry information, real-world examples, and step-by-step instructions that can be applied immediately and are not available elsewhere. Some of the techniques demonstrated challenge existing assumptions and explore new ways to look at self-storage projects as businesses and as investments. Traditional methods of valuation are also applied and updated here to meet today’s information-intensive market. Market Analysis and Valuation of Self-Storage Facilities provides readers with a reference text and a framework for analyzing this sophisticated asset class.
About the Author
Richard R. Correll is the president of Correll Commercial Real Estate Services located in Indianapolis, IN. For more than 17 years, Correll has been an appraiser and consultant working to provide national, regional, and local clients with a variety of real estate solutions, including market studies, feasibility analyses, valuations, brokerage services, counseling, and litigation-related services.