by dvmosomy | Friday, October 4, 2024 | Self-Storage
Services: Self-Storage Market Feasibility, Cash Flow Projections and Valuation
Locations: Storage Star Fort Collins, Colorado, Dallas, Texas, Northern Salt Lake City, Utah, and San Fransisco Bay Area, California
THK Associates was hired by Follett USA to determine the market and financial feasibility of six different self-storage facilities within four states. Each self-storage feasibility study identified the current market supply and demand for self-storage along with projected household growth over the next decade. This demand for self-storage eventually created the foundation for absorption potential and financial feasibility. Valuation at stabilization was then completed upon the analyses.
by dvmosomy | Friday, October 4, 2024 | Self-Storage
Services: Self-Storage Market Feasibility, Cash Flow Projections and Valuations
Locations: Temple, Richmond, Kileen, College Station, TX, Charleston/Ladson, South Carolina, and Savannah, Georgia
THK assisted Pine Forest Capital, LLC, in analyzing the self-storage market in various markets throughout the Southern part of the United States, to ensure project viability. Through this process, THK was able to profile the market potentials, establish site specific absorption ensuring the project would cash flow resulting in a positive valuation upon stabilization.
by dvmosomy | Friday, October 4, 2024 | Self-Storage
Services: Self-Storage Market Feasibility, Cash Flow Projections and Valuations
Location: San Francisco Bay Area, California
THK was retained by Deca Holdings to assist in the market feasibility, cash flow projections and valuations of three different projects across the San Francisco Bay Area. THK’s analyses allow the client to gain an unprecedented understanding of the complex self-storage market to ensure their project’s viability in the market.
by dvmosomy | Thursday, October 3, 2024 | Market Research/Development feasibility
Services: High End Resort Market Feasibility
Location: La Paz, Mexico
THK Associates, Inc. was retained to determine market feasibility for a high-end resort community in La Paz, Mexico. The property spanned over 900 acres and included golf courses, hotel/resort, marina, single-family, townhome, condominium, and fractional residential uses. Upon completion of the market analysis the land plan was refined allowing the development to proceed.
by dvmosomy | Thursday, October 3, 2024 | Market Research/Development feasibility
Services: High End Residential and Golf Course Operations Market Feasibility
Location: Merry Hill, North Carolina
The Occano Golf Course Community, previously known as the Scotch Hall Preserve Arnold Palmer Golf Course Community, is situated in Merry Hill, Bertie County, North Carolina. The Occano Golf Course community features luxury waterfront living with scenic views of the Albemarle Sound and Cashie River. Residents and visitors can enjoy additional amenities such as boating, fishing, and nature trails, making it a popular destination for those who love outdoor living in a peaceful environment. This analysis assessed the future market potential for the community’s residential development, golf course operations, and various amenities. THK Associates Inc. evaluated the market prospects of finished lot sales and managing golf course operations within the Occano Golf Course community. Development began in 2007 with plans for around 1,252 residential units. As of 2021, approximately 107 lots had reportedly been sold, with 40 single-family residential units constructed. Drawing from historical lot sales, re-sale data, and competitor analysis, THK Associates Inc. provided recommendations for lot sizes, base prices, and premiums for properties with views of the Sound, water/pond, and golf course. After evaluating the golf course and residential development potential of The Occano Golf Course Community, THK Associates, Inc. also developed cash flow projections for both the single-family lot sales and development potential and golf course operations.
