One of the most difficult tasks when building a new self-storage facility is determining the right unit mix. There’s simply no magic formula or combination that will work in every market. An abundance of any one size or a mix of the wrong sizes could lead to empty units. Even offering too many choices can be detrimental to the business. Finding the optimal balance is critical.
In a recent thread on Self-Storage Talk, the industry’s largest online community, members are sharing how they analyze their markets to establish a baseline for unit sizes and quantity of each. Read about their approach and add your own method in this informative thread.