The theory that a rising tide lifts all boats is certainly at play in the self-storage market. The hot investment market for Class A and Class B properties is trickling down to the Class C sector. Class C facilities can be a tough sell. These properties usually carry a C rating for good reason. They’re…
People in transition hit the sweet spot for what most storage operators and investors want in a location. So it’s no surprise that military markets have been a target to capture some of those customers on the move. Yet government cutbacks on military spending in recent years have made it much more challenging to operate…
Self-storage remains the flavor of the month with real estate investors. Industry experts offer 12 pieces of advice for newcomers on how to be smart when investing in self-storage properties. 1. Scrutinize cash flow. “Self-storage is driven by cash flow. So cash flow should drive the investment decision,” said Chris Sonne, executive managing director of the…
