Sounds like good news – and it is! Never before have prices been higher for self-storage properties – either in absolute dollars or in relation to the income they produce. Over the last 3 years or so, selling prices of self-storage have risen dramatically. A typical owner could look at their facility and find that their value (without any increase in rents or occupancy) went up by about 27%; even more if your operating results improved.
XII 2015 – Everyone Is Happy…For Now!
- VII-2023: The Rich get Richer!
- VI-2023: Preparing for Change in Uncertain Times
- V-2023: The State of the Self-Storage Investment Market