A Rise in Self-Storage Properties Have Investors Taking Note

Weaver: Beyond the Numbers · Aug 28, 2023 · 9m

The boom in Self-storage properties over the past decade makes it one of the more intriguing investment opportunities in the real estate market. During the last ten years, the construction of self-storage facilities rose a staggering 926 percent, reflecting a relentless accumulation of personal belongings and the continuous transformation of the real estate landscape. Occupancy rates at self-storage properties are high; as consumers increasingly lean into minimalistic living and downsize their homes, the need for external storage spaces continues to rise, resulting in a boom in the…