FacilIQ Helps Maximize Self-Storage Asset Value

As the self-storage industry grows ever more competitive, self-storage operators are increasingly looking at implementing technology to give them an edge. Modernizing and updating facilities is a key component for maintaining high occupancy and pricing levels.

Unfortunately, a software tool did not exist that could help self-storage operators capture, store, and organize all of the complex information needed to track, plan, and budget their Capex and R&M in a strategic and effective manner.

Having spent years overseeing the construction and facility management for firms like Extra Space Storage, industry veteran Brent Hardy set out to develop the solution he always wished existed. Launched in 2023, FacilIQ offers an all-in-one solution for managing Capex and R&M project needs. FacilIQ’s technology platform empowers users to eliminate waste, efficiently manage asset lifecycles, plan and project capital spend, do incident reports and site auditing, and facilitate effective communication from the field to the boardroom.

FacilIQ can be deployed to manage one property or hundreds of properties and allows users to view data on both micro and macro levels. This functionality provides each department in an organization the customized view it needs to fulfill its specific role. In addition, FacilIQ’s unique pricing model, based on number of locations, rather than number of users, makes the solution completely accessible and scalable to operators of any size.

Go Store It Self Storage said, “With continued expansion, we knew we needed an application to assist as we grow! Enter FacilIQ, with this tool, we’re able to assess the health and performance of our current assets (and acquisitions), log information regarding each asset, and track detailed Capex and forecast spending in real- time.”

About FacilIQ

FacilIQ is a first of its kind proptech software that acts as a hub to house vital property data, extend the useful life of assets, facilitate efficient capital expenditure, and reduce employee workload, thus maximizing the value of real estate portfolios. To learn more or to schedule a demo, visit www.faciliqpro.com.