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Re: Self Storage Facility....
[Re: DocHorton]
#7478571
04/05/19 01:55 PM
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Joined: Jan 2011
Posts: 65,534
SnakeWrangler
THF Celebrity
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THF Celebrity
Joined: Jan 2011
Posts: 65,534 |
I started to put some in about 5 years ago....wish the hell I had now....
I believe in science and I’m an insufferable [censored] Actually, BBC is pretty damn good "You Cannot Simultaneously Be Politically Correct And Intellectually Honest!"
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Re: Self Storage Facility....
[Re: Txduckman]
#7478591
04/05/19 02:16 PM
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Joined: Sep 2009
Posts: 4,580
Gumbeaux
Extreme Tracker
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Extreme Tracker
Joined: Sep 2009
Posts: 4,580 |
Building or buying one? I have never seen one go out business. And you can live there! People love storing crap and pay for it! Liquor stores and mini storage...never seen either one go out of business.
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Re: Self Storage Facility....
[Re: Gumbeaux]
#7478602
04/05/19 02:25 PM
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Joined: Dec 2005
Posts: 35,512
Guy
THF Celebrity
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THF Celebrity
Joined: Dec 2005
Posts: 35,512 |
Building or buying one? I have never seen one go out business. And you can live there! People love storing crap and pay for it! Liquor stores and mini storage...never seen either one go out of business. Pee Wee storage on Tawakoni looks like it went out of business. That place cracks me up every time I drive by it.
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Re: Self Storage Facility....
[Re: DocHorton]
#7478649
04/05/19 03:00 PM
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Joined: Nov 2013
Posts: 2,257
Hunt Dog
Veteran Tracker
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Veteran Tracker
Joined: Nov 2013
Posts: 2,257 |
In 1984 I had a chance to buy Public Storage stock at the IPO. Chose something else. Kick myself every time I drive past one.
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Re: Self Storage Facility....
[Re: DocHorton]
#7478682
04/05/19 03:37 PM
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Joined: Nov 2014
Posts: 7,789
Mr. T.
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2014
Posts: 7,789 |
Have a friend who use to have one. Furnished his house with stuff from units from people who did not pay. However, he bought it when it was very old and not in a very good part of town. He had 12 units and I think he said it took 8 to make his payment and one to pay for water/electric. But after paid off, it was great for him and he sold it for a lot more than he paid for it.
Cabin rental in Pagosa Springs, Co. Sleeps 10, If interested please PM me.
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Re: Self Storage Facility....
[Re: SnakeWrangler]
#7478691
04/05/19 04:00 PM
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Joined: Dec 2010
Posts: 8,841
DocHorton
OP
THF Trophy Hunter
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OP
THF Trophy Hunter
Joined: Dec 2010
Posts: 8,841 |
I started to put some in about 5 years ago....wish the hell I had now.... I hear this story all the time....
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Re: Self Storage Facility....
[Re: DocHorton]
#7478697
04/05/19 04:05 PM
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Joined: Oct 2004
Posts: 39,572
redchevy
THF Celebrity
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THF Celebrity
Joined: Oct 2004
Posts: 39,572 |
I missed the opportunity to buy one about a mile from my house at the entrance to a lake. It also included a single family residence that was currently leased. I thought they wanted a little too much for it and got busy with life waiting to give it some time and forgot about it. Drove by it a week ago and had a sold sign on it.
It's hell eatin em live
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Re: Self Storage Facility....
[Re: SnakeWrangler]
#7478710
04/05/19 04:18 PM
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Joined: Jan 2016
Posts: 7,759
snake oil
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jan 2016
Posts: 7,759 |
I started to put some in about 5 years ago....wish the hell I had now.... Me too. All ready owned a long five acres across the road from PK. 15'x40' boat storage would have been perfect. Ended up selling it to a dock builder. PK Docks.
Last edited by snake oil; 04/05/19 04:19 PM.
"You may all go to hell and I will go to Texas".
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Re: Self Storage Facility....
[Re: DocHorton]
#7478731
04/05/19 04:30 PM
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Joined: May 2013
Posts: 4,091
CharlieCTx
Extreme Tracker
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Extreme Tracker
Joined: May 2013
Posts: 4,091 |
I seriously looked into the storage/garage condo concept several years ago when it was new. It's a build it and and sell it vs long term investment, with your clients being folks who have much disposable income. This company had been at it the longest http://garagetown.com/ and is who I was considering going with. They somewhat helped me convince myself I didn't know enough about real estate/construction to get into it for the money it would have taken to start. They have a couple of places down in Houston, they haven't grown much overall... This company has been busy around the metroplex https://garagesoftexas.com/I did a web business instead which fulfilled my entrepreneurial need. Charlie
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Re: Self Storage Facility....
[Re: DocHorton]
#7478732
04/05/19 04:33 PM
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Joined: Nov 2012
Posts: 336
phathawg
Bird Dog
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Bird Dog
Joined: Nov 2012
Posts: 336 |
I know several miniwarehouse owners. The only complaint I get from them is not enough space to build more! Climate control is kinda a must nowadays. Most minis are easy to add climate control. I've designed several types and sizes including converting a large metal building into climate controlled minis. PM me if you like. I'll give you my phone number and we can talk about it.
There's only 2 seasons in a year. Deer season and getting ready for deer season.
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Re: Self Storage Facility....
[Re: DocHorton]
#7478759
04/05/19 05:02 PM
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Joined: Jul 2006
Posts: 110,800
dogcatcher
THF Celebrity
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THF Celebrity
Joined: Jul 2006
Posts: 110,800 |
Years ago Mueller Supply had a builders package for storage units. It was one of those packages that came in multiples of 12. All you needed was he land, the kits and someone to put them together.
Combat Infantryman, the ultimate hunter where the prey shoots back. _____________"Illegitimus non carborundum est"_______________
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Re: Self Storage Facility....
[Re: DocHorton]
#7478767
04/05/19 05:07 PM
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Joined: Jun 2015
Posts: 18,780
Roll-Tide
THF Celebrity
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THF Celebrity
Joined: Jun 2015
Posts: 18,780 |
This may be a terrible idea. I have not thought this through, so don’t me.
It crossed my mind awhile back. Find a lot. Some sort of foundation.
All the storage units would be shipping containers, nicely painted in various cool colors. Add a good fence/gate/cameras.
I’m big on nice landscaping too.
Advertise as a modern/hip/ repurposing type of facility for all the Californians needing storage.
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Re: Self Storage Facility....
[Re: Roll-Tide]
#7478816
04/05/19 05:53 PM
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Joined: Jul 2006
Posts: 110,800
dogcatcher
THF Celebrity
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THF Celebrity
Joined: Jul 2006
Posts: 110,800 |
This may be a terrible idea. I have not thought this through, so don’t me.
It crossed my mind awhile back. Find a lot. Some sort of foundation.
All the storage units would be shipping containers, nicely painted in various cool colors. Add a good fence/gate/cameras.
I’m big on nice landscaping too.
Advertise as a modern/hip/ repurposing type of facility for all the Californians needing storage. That could be a good marketing play.
Combat Infantryman, the ultimate hunter where the prey shoots back. _____________"Illegitimus non carborundum est"_______________
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Re: Self Storage Facility....
[Re: dogcatcher]
#7478842
04/05/19 06:34 PM
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Joined: Jan 2011
Posts: 65,534
SnakeWrangler
THF Celebrity
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THF Celebrity
Joined: Jan 2011
Posts: 65,534 |
This may be a terrible idea. I have not thought this through, so don’t me.
It crossed my mind awhile back. Find a lot. Some sort of foundation.
All the storage units would be shipping containers, nicely painted in various cool colors. Add a good fence/gate/cameras.
I’m big on nice landscaping too.
Advertise as a modern/hip/ repurposing type of facility for all the Californians needing storage. That could be a good marketing play.
I believe in science and I’m an insufferable [censored] Actually, BBC is pretty damn good "You Cannot Simultaneously Be Politically Correct And Intellectually Honest!"
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Re: Self Storage Facility....
[Re: DocHorton]
#7478853
04/05/19 06:43 PM
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Joined: Sep 2009
Posts: 4,580
Gumbeaux
Extreme Tracker
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Extreme Tracker
Joined: Sep 2009
Posts: 4,580 |
Then you could put their storage unit on a trailer and send it all back to California...hopefully them along with it
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Re: Self Storage Facility....
[Re: Roll-Tide]
#7478929
04/05/19 08:22 PM
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Joined: Dec 2010
Posts: 8,841
DocHorton
OP
THF Trophy Hunter
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OP
THF Trophy Hunter
Joined: Dec 2010
Posts: 8,841 |
This may be a terrible idea. I have not thought this through, so don’t me.
It crossed my mind awhile back. Find a lot. Some sort of foundation.
All the storage units would be shipping containers, nicely painted in various cool colors. Add a good fence/gate/cameras.
I’m big on nice landscaping too.
Advertise as a modern/hip/ repurposing type of facility for all the Californians needing storage. Actually not a bad idea at all. I've been quoted around $35-40/sq ft to build non-climate controlled units. An 8x40 container is around $2500....$8/sq ft. Add concrete foundation for $6/ft and you could be all in at less than $20/sq ft delivered, painted, and ready to rent. Most facilities rent a 10x20 unit for $100-150, so you could probably get $165-175 for full units and $80-90 for the 8x20's.
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Re: Self Storage Facility....
[Re: DocHorton]
#7479131
04/06/19 12:36 AM
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Joined: Feb 2007
Posts: 26,548
JCB
THF Celebrity
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THF Celebrity
Joined: Feb 2007
Posts: 26,548 |
They are popping up everywhere for a reason! They are easy to maintain and no shortage of people willing to spend $1200 a year to store $100 worth of junk.
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Re: Self Storage Facility....
[Re: DocHorton]
#7479169
04/06/19 01:18 AM
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Joined: Mar 2013
Posts: 5,041
jetdad
THF Trophy Hunter
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THF Trophy Hunter
Joined: Mar 2013
Posts: 5,041 |
This may be a terrible idea. I have not thought this through, so don’t me.
It crossed my mind awhile back. Find a lot. Some sort of foundation.
All the storage units would be shipping containers, nicely painted in various cool colors. Add a good fence/gate/cameras.
I’m big on nice landscaping too.
Advertise as a modern/hip/ repurposing type of facility for all the Californians needing storage. Actually not a bad idea at all. I've been quoted around $35-40/sq ft to build non-climate controlled units. An 8x40 container is around $2500....$8/sq ft. Add concrete foundation for $6/ft and you could be all in at less than $20/sq ft delivered, painted, and ready to rent. Most facilities rent a 10x20 unit for $100-150, so you could probably get $165-175 for full units and $80-90 for the 8x20's. Sounds interesting. Some cities may give you some grief because they would not be permanent structures.
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Re: Self Storage Facility....
[Re: DocHorton]
#7590104
08/26/19 07:08 PM
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Joined: Sep 2011
Posts: 442
jcneef
Bird Dog
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Bird Dog
Joined: Sep 2011
Posts: 442 |
Sorry to bring this post back to life but I came across it when searching to see if there were any other storage facility owners on the forum!
My company (A-Affordable Storage) builds, owns, and operates RV, Boat, and Mini Storage facilities around Dallas/Ft. Worth. We have been doing it for about two and a half years now and have 5 facilities up and running with 3 more on the way. We specialize mainly on the boat and RV storage side of things as we like that model the best and believe there is a demand for nice, clean, safe places for people to store there toys. We have thoroughly enjoyed it and have big plans for expanding since it has been such a great business.
I know a lot of guys and gals on here have boats and RVs and I would love help out any THF members with any of your storage needs. We have locations in Mansfield, Midlothian, Granbury, Crowley, and Justin. We are also currently expanding into Aledo, Forney and Aubrey. You can give us a call and tell them you are a THF member and I will make sure the manager takes care of you!
Also, If any of you guys ever had any interest in getting involved in storage we have partners on some of the projects and I would be happy to meet for lunch to discuss how we operate and the opportunities.
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Re: Self Storage Facility....
[Re: DocHorton]
#7590209
08/26/19 09:01 PM
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Joined: Jan 2007
Posts: 15,530
reeltexan
THF Celebrity
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THF Celebrity
Joined: Jan 2007
Posts: 15,530 |
It's genius. Americans ain't ever gonna stop buying crap they don't need so why not cash in?
"If we ever forget that we are One Nation Under God, then we will be a nation gone under." Ronald Reagan
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Re: Self Storage Facility....
[Re: DocHorton]
#7590293
08/26/19 10:37 PM
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Joined: Sep 2011
Posts: 442
jcneef
Bird Dog
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Bird Dog
Joined: Sep 2011
Posts: 442 |
And it also helps we still have 350,000 people moving into Texas every year! Top growing State
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Re: Self Storage Facility....
[Re: DocHorton]
#7590553
08/27/19 03:11 AM
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Joined: Jun 2017
Posts: 464
tailchaser93
Bird Dog
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Bird Dog
Joined: Jun 2017
Posts: 464 |
If you build it they will come... and put a whole lot of crap in it.
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Re: Self Storage Facility....
[Re: hetman]
#7590664
08/27/19 11:44 AM
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Joined: Jan 2016
Posts: 7,759
snake oil
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jan 2016
Posts: 7,759 |
boat storage around lakes always good - marines run the small/ski/wake boats out due to slip fees - plus they have to have a place to keep them during the winter. HOA don't like boats sitting around either. plus they can store crap in them also This...…...
"You may all go to hell and I will go to Texas".
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Re: Self Storage Facility....
[Re: DocHorton]
#7590762
08/27/19 01:18 PM
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Joined: Feb 2008
Posts: 14,149
glens
THF Celebrity
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THF Celebrity
Joined: Feb 2008
Posts: 14,149 |
"Actually not a bad idea at all. I've been quoted around $35-40/sq ft to build non-climate controlled units." That sounds like highway robbery. Heck got this one built with a company out of Rockdale a couple years back , 40' x 60', (3) 14' roll up doors, insulated with a 6" slab floor for $48,000. They built a 50' x 60' for me out at the ranchito I sold 10 years ago for about the same. Krazy K Konstruction. Owner was talking about retiring so don't know if He is still in business. Fast and family owned at the time.
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Re: Self Storage Facility....
[Re: DocHorton]
#7590837
08/27/19 02:16 PM
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Joined: Sep 2011
Posts: 442
jcneef
Bird Dog
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Bird Dog
Joined: Sep 2011
Posts: 442 |
yes $35-$40 per sqft is extremely high. We building fully enclose on slab for at least half of that My model has predominantly the RV canopy covers which are even less to build. These are the photos of a few of the buildings at my facilities.
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