Is Owning a Storage Facility a Good Investment?

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Overview of Storage Facility Business

  • Owning a storage facility can be a viable business venture with a proven track record of profitability.
  • Demand for storage space is high, driven by urbanization, downsizing, and lifestyle changes.

Profitability of Storage Business

  • Storage facilities have large income potential with low overhead and fewer construction costs than other commercial real estate.
  • Investing in storage shares publicly-traded REITs provides liquidity.
  • Storage is cheaper than apartments/houses and can be started with a small investment.

Investment Analysis of Storage Units

  • Investing in storage units can provide low-maintenance income with a steady revenue stream.
  • Storage units offer affordable, convenient places to store belongings.
  • Self-storage facilities have averaged a 16.9% annual ROI from 2009-2018, outperforming other asset classes.

Conclusion on Self-Storage Investment

  • Self-storage offers decent long-term growth potential and proven stability in various economic conditions.
  • Investing in self-storage facilities in high-demand areas with good security and maintenance can ensure good ROI and reduce risk.

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