Any storage facility funds or syndications recommended?

Question

Been researching how self storage facilities are solid investment especially in times of a market downturn. Anyone have any syndications or funds they would recommend identifying these opportunities?

Jay Hinrichs · Answer

@Scott Meyers  Scott Meyers is very active in this and has a boot camp etc.. I would reach out and see what they are working on..

Phil Sneed · Answer

@David Morovitz

Hi David.  If you’ll PM I can provide an executive summary on a $3.6 M self storage development I have underway in Austin.

John Lenhart · Answer

I believe @scott meyers has a fund

Kim Pilcher · Answer

Check out Spartan Investment Group.

https://spartan-investors.com/

Self Storage syndications.  Awesome guys.  Can also find them on a few podcasts.

Ronald Rohde · Answer

Consider REITs? Or do you want more focused returns?

1. Life Storage Inc.

Life Storage has a portfolio of over 750 self-storage units across the U.S., and the stock is up over 2% between Jan. 2 and Jan. 8.

Life Storage remains a strong REIT, with five-year gains of over 40%. Life Storage also offers the opportunity to own an income-producing stock, with the most recent quarterly dividend being $1 per common share and $4 per share on an annualized basis.

2. Public Storage"

The company focuses on ground-up development and acquisitions, and 16 facilities were purchased in the first three months of 2018.

Continual expansion and some 222 storage facilities in Europe position Public Storage as a good long-term investment. The stock remained down 2% in 2018, but has risen over 30% in the past five years and has a dividend yield of 4.07%.

3. Extra Space Storage Inc.

The company offered a fourth-quarter 2018 dividend of 86 cents per common share.

With over 1.1 million units, the company is well positioned to continue growing in 2019. The company also offers business, RV and boat storage options.

David Morovitz · Answer

@Clayton Collins. Appreciate the feedback. Enjoy the 4th

David Morovitz · Answer

@Greg Dickerson

Thankyou. I’ll send you a separate message. Appreciate the feedback

Clayton Collins · Answer

@David Morovitz

I don’t know about funds, you can hunt down syndications or small partnerships too.  I’m actually working on one right now

Greg Dickerson · Answer

@David Morovitz I have some friend currently working on a couple deals. Send me a PM and I’ll connect you.

Any storage facility funds or syndications recommended?

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