Why would I spend $100,000 on a place to store something?
If that’s all you could do, you wouldn’t. And neither would the more than 100 current SSUSA unit owners. You are getting a flexible work, hobby, and storage space allowing you to improve your lifestyle. In addition, you will earn equity while you enjoy the benefits of using it. StorageShops are commercially zoned and built which will allow more uses, more buyers/renters and therefore better real estate value than just storage condos.
Can’t I Just Build My Own StorageShop?
Yes, if you want to pay more for less and spend a lot of time doing it. The condo approach provides some tremendous advantages over the do it yourself method. Lower land, site improvement, and building costs as well as saving your most precious asset – time! And don’t forget that when it comes time to sell your shop, you’ll have a much easier time finding a buyer by being located in an established business condo property. Bottom line is – I would have a hard time understanding how you could provide the same quality product in as good location and have less than $100,000 in it.
However, if you do ‘enjoy’ going through all that it takes to develop a site, we can help. Contact us about being a SSUSA development partner.
What Do People Use Shops For?
Just about anything you can think of and for most owners, they are multi-purpose buildings. Owners can rent some space, use some space and feel good about the real estate investment. We’ve seen the personalization continue to grow as we expand, from ballroom dancing to woodworking to internet-based businesses that need inventory space. And some people have just outgrown their garage and want a high quality, personalized hobby shop to express their creativity.
The bottom line is flexibility today and tomorrow as your lifestyle and needs change.
What About the Current Real-Estate Market?
There’s an overriding fact why today is the best time to purchase. Simply put, there is no way we can build a unit at a better price tomorrow than today. Land prices have and will continue to rise. And as you likely know, material costs continue to rise as well. This means that units purchased two years from now will be more expensive than today. And because you can own a high-quality commercially zoned work and storage space for around $100k, you are virtually assured to make a profit upon resale. Besides, in a bad market you only lose money if you sell.
What Makes SSUSA Units Such a Good Value?
- Site Location Expertise: We go in and buy the best property at the bottom of the market in convenient locations not available to the individual purchaser. This allows us to be very competitive to rental alternatives while giving much more value to our owners.
- Quality Materials and Expert Construction: Our 20+ years of building experience has given us a tremendous background for building high quality while keeping building costs low. This gives you a space you can be proud of…at a price you simply cannot find elsewhere.
- Flexible Design: With an office, bathroom/plumbing, high doors, and many other amenities, you can be assured that your shop will meet your needs. Equally important, this will be a key driver of resale value.
How is the property classified?
All SSUSA sites are commercially zoned.