Are you thinking of investing in or purchasing a self storage facility?

10. Low Labor Requirements

Self storage customers require very few touch points with a manager, and self storage facilities require limited maintenance, which means you can run your operation with little overhead.

What other business generating $500,000 - $1,000,000 per year can you run with one or two employees?

9. Lower Construction Costs

Typical self storage development costs are 30-50% lower than office, retail, or apartment buildings.

8. No Tenant Improvement Costs

When a tenant moves out, all you need to do is sweep the floor and wipe down the walls and door, before it's ready to rent to the next tenant. No need to deal with paint, plumbing, carpet, drywall or the subcontractor that comes with tenant improvement.

7. Low Breakeven Point

Thanks to low construction and operating costs, typical self storage investors break even when their facility reaches 55-65% occupancy, much lower than investors in other types of commercial real estate.

Get Our Top 5 Ways to "Recession-Proof" your Self Storage Facility

Enter your email address to receive this FREE report and other valuable tips and information.

6. Lowest Loan Default Rate

Self storage has the lowest loan default rate of any commercial real estate type. The steady and predictable cash flows provided by your self storage operation will ease the minds of potential lenders.

5. Flexibility in Design

Self storage building designs can adjust to any lot configuration, or building conversions into self storage are another great option.

4. Month to Month Leases

Rental rates can be increased any month to keep up with inflation. If the tenant does not pay they are out. Self storage laws permit the owner to lien the stored items in 30 days and auction them off in 75 days for non-payment. There are no district justice or appeal processes involved.

3. Consumer Usage Increase

The increase in the percentage of households using self storage is growing at a faster pace than general population growth.

(click to enlarge)

2. Self Storage is a "Recession-Resistant" Industry

Most customers need storage because of a life transition. Someone is moving, going to college, a family member passed away, a marriage separation, down-sizing, etc. These life events happen no matter what state the economy is in. In a slower economy many businesses downsize their space and find storage as a lower cost alternative to internal inventory storage. In a booming economy people and businesses in general spend more money on possessions and need a place to store them.

And the number 1 reason why Self Storage is sexy...

1. It's all about the Money! Self Storage returns outperform other commercial real estate investment types. See for yourself:

(click to enlarge)

For more information on why self storage is such a great investment or to inquire about current investment opportunities, please call us at 717-779-0804 or click below for our current listings!

See us at the SSA
show in Texas,
booth #252

View our
Current Listings

Check out our other
professional
self storage services