Posted over 2 years ago

How Storage Units Can Benefit Your Multifamily Property

Can your multifamily really benefit from having additional storage?

A storage facility could be the best amenity you may give to tenants and to yourself. Let’s take a look at a few important advantages:

Storing items that can’t be placed in your multifamily

You might need to put extra items in your multifamily property such as cleaning tools like vacuums, kitchen appliances like stoves or ovens, and even heavy machinery like printers or photocopiers. This will help you free up extra storage space which you can convert into laundry or recreation areas.

An extra storage unit can be that answer for the extra space that you badly need for your multifamily. Don’t spend money on expensive office spaces when you can spend half that much cash on a storage unit within the property itself.

Increasing your property’s size

If your multifamily seems to be lacking in size, a storage unit can add more to volume.

Your tenants may have a lot of items that need to be sorted or kept in the property. This is why the extra space and size that a storage unit can provide will be essential to your multifamily at some point.

At the very least, consider renting out a storage unit to make it convenient for a resident in your multifamily that tends to store a lot of what they feel are necessary items in your property.

Storage units can be accessed at all times

The best part of renting a storage unit is that when you need any item you’ve stored away you can simply take it out at any time.

This greatly benefits your multifamily as you don’t want to be locked off from your personal extraneous items you’ve stored away and neither do your residents.

Storage facilities are just some of the best amenities you can provide to your tenants. So, for your next property acquisition, you might as well include these and give the best experiences.