Capitalization rates for self storage facilities have stabilized over the previous three years.
In a self storage sale, as soon as a contract is executed, all leverage switches from the seller to the buyer.
Today’s self storage investment environment can be challenging for those looking to place capital in the asset class.
Keep in mind, though, that if there are issues with the facility, the current manager could be contributing to them.
If you are 100% occupied, this does not necessarily mean that you are profitable as a business.
In-house data provides the greatest insight into what's actually happening.
Even if an owner isn't ready to sell at the time you inquire, expressing your interest in acquiring is important.
Valuation can be necessary for buying, selling, refinancing, estate planning or challenging a real estate assessment.
All of these management best practices can increase your facility’s revenue and/or decrease your operating expenses.
Gains on some investments can be completely excluded from income.