Ownership Quiz

1) Storage ownership is what kind of investment for you?

Passive

Active

Limited involvement

Substantial involvement



2) You have owned other income producing real estate properties

True

False



3) Your current business is:

Own your own business

Employee

Independent Contractor

Retired

Other



4) In planning your facility you:

Obtained a formal feasibility study

Obtained an informal feasibility study

Obtained no feasibility study



5) Your site is located in:

Major Metropolitan Area (population exceeds one million)

Metropolitan Area (population is less than one million)

Suburb

Urban



6) Your storage facility is:

Near start of construction or in construction

In the feasibility analysis stage

Less than 5 years old

More than 5 years old



7) Your storage facility is:

Has all of the bells and whistles of the industry, i.e. individual door alarms, concrete construction, state of art security system, etc.

Has most bells and whistles

Has few or no bells and whistles



8) Your plans for your facility are to:

Hold for the long term

Rent up to stabilization and sell

Sell immediately

Don’t know



9) The number of competitors in your trade area (3 mile radius) is:

Less than three

Four to five

Five to six

More than six



10) Rate the visibility of your site:

Poor

Fair

Good

Excellent



11) What is the traffic count your site will be visible to:

Less than 10,000 cars per day

11,000 – 25,000 cars per day

26,000 – 50,000 cars per day

Over 50,000 cars per day

Don’t know