Self-storage investing means owning facilities that rent storage units, monthly, to individuals and businesses needing space for belongings, inventory, or equipment.
Log in to followI've been trying to decide between a small facility and small multifamily, so I asked two owners to log a month for me and I built the comparison out. The 118-unit facility, self-…
I've been looking at storage as a way to make a piece of ground pay without me showing up every day, and I've got two very different listings in front of me. Both are around 100 t…
I'm looking at a stabilized 140-unit facility in a secondary market where nothing new has broken ground in four years. Current mix is 110 drive-up non-climate and 30 climate-contr…
I've spent most of my time on raw land, so storage is new to me. What pulled me in is that the sector seems to be arguing with itself right now and both sides sound reasonable. Th…
212 units, 24,600 net rentable square feet, 89 percent physical and 81 percent economic occupancy. Asking price implies a 6.1 cap on trailing twelve, which is fine. The problem is…
I've held this facility eleven years and the manager who came with it is retiring in the spring. She works 22 hours a week and costs me a bit over 26k all in with payroll taxes. O…
I've been pulling apart the three ways to own storage without running it, and they turn out to be three different bets wearing the same name. Public REIT shares give me daily liqu…