Joe DownsCEO & Co-Founder, Belrose Storage Group. Founder, Storage Moguls.

Why we passed the economics didn’t pencil

2 May 2026 · 1 min

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In this brief analysis, the speaker explains that the facility was rejected because its 38‑foot aisles with covered spaces could not accommodate Class A motorhomes without excessive stress. Correcting this would require partial reconfiguration of the aisles and relocating fences on two rows, incurring significant capital costs. At the asking price, these additional expenses made the economics of the purchase untenable. The speaker emphasizes that such feasibility and cost analyses must be performed before committing to a purchase.

Maybe, but the real explanation was probably that the aisles couldn't support the vehicles those spaces were built for. A 38-foot aisle with a covered space on each side means a Class A motorhome is not getting in and out without a lot of stress. And we passed on the facility, of course, based on how it was priced. The capital needed to correct that aisle situation, particular or partial reconfiguration, fence relocation on 2 rows, made the economics just not, not work at the asking price. That's the analysis you need to run before you buy, not after.