WHY SELF STORAGE
Is self storage a good investment?
There’s no sexy reason, but behind those locked rolling doors is a $38 billion-dollar industry. One that’s been the best performing commercial real estate class for 40 years and running. With consistent, stable cash flow from rental income, low operating costs and overhead, and the ability to flip a unit with just a broom and a dust pan, self-storage can help investors quickly compound wealth and grow net worth.
Still not convinced? Watch our video to hear many of the reasons we choose to invest our time and money into self storage.
Self Storage by the Numbers
$38 Billion
Annual industry revenue generated
17.43%
Average annual return from
1994-2017 reported by REITs
50-60%
Occupancy a self storage facility
needs to break even
55,000
Total number of U.S. self storage facilities
2.3 Billion
Total rentable square fee of
storage space in the U.S.
7.06
Square feet of available space
per person in the U.S.
46,000
Average square foot size of a
self storage facility
$91.14
Average monthly self storage
unit rental rate
$1.01
National average cost
per square foot
18%
Industry owned by
publicly traded REITs
8%
Industry ownership by
top 100 excluding REITs
74%
Industry ownership by small,
independent investors