Lender · Monroe, GA · Member since 2016 · 5 posts · 3 votes
9y
Vincent,
In my market area storage facilities are still in demand. The ones I've seen in the past had great cash flow. I still get construction/development requests for self storage facilities also. Hope this helped.
Lender · Monroe, GA · Member since 2016 · 5 posts · 3 votes
9y
Vincent,
In my market area storage facilities are still in demand. The ones I've seen in the past had great cash flow. I still get construction/development requests for self storage facilities also. Hope this helped.
Investor · Charlotte, NC · Member since 2017 · 112 posts · 83 votes
9y
Storage is hot, just like the rest of the market. I closed my first storage acquisition about 3 weeks ago for my company. It was a brokered deal but there was potential for upside (for example, 30 units just needed to be trashed out). If you find a brokered deal, avoid overpaying by analyzing the market for supply and demand factors, and getting favorable debt terms.
Investor · Austin, TX · Member since 2013 · 933 posts · 1k+ votes
9y
Hi Vincent, agree w/David, its a pretty resilient sector, people buy stuff when times are good and store stuff when times are tough. There are more revenue opportunities from storage as well and despite all the big companies constructing new sites, the industry is still vastly in the majority of mom n pops and fragmented. Here's a brief blog that you might find beneficial.