Don’t Be Hasty! The Best Pre-Sale Preparations

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Opting to sell your self-storage facility is not a decision to take lightly. There are many factors and options to consider that should be discussed with your business partners, accountants, and/or financial advisers before you decide to sell. While some storage owners and operators look to cap rates, interest rates, and other market indicators for guidance as to whether the time is “right” to sell, the choice should be based on your personal and professional objectives—not the potential sales price.

By Erica Shatzer