As interest rates dip to record lows, there has never been a better time to sell your self-storage facility. If you own a facility, read on to learn about how you can capitalize on the white-hot commercial real estate market.
Please send an email to email@example.com with the following information:
We'll get back to you within 2 business days with a market-offer for your facility. We consider location, revenue, and facility condition when making an offer. You will receive a signed Letter-of-Intent outlining the basic terms of the offer.
If you like the offer, fantastic! We're incredibly excited to do business with you and will make the process as smooth and fast as possible. If not, we're here for you when you're ready.
If we agree to terms, we'll send a representative to your facility to inspect the site for any obvious structural conditions. If you have a manager on-site, no worries; we can be as discrete as you'd like.
Next, we'll send over a basic purchase and sale agreement (PSA) to really get the ball rolling. This solidifies terms such as sale price, earnest money deposit, due-diligence period, and closing time window.
Finally, we'll order (at our expense) a survey, environmental report, and appraisal. When everything checks out, we'll arrange a closing at a time and place that is convenient for you.
And that's it! The whole process will be wrapped up within a short 60-90 days and you will be free to spend, save, and invest your proceeds wherever you'd like.