This is largely due to the increased industry data now available that indicates the overall risk associated with owning self storage is much less than once thought.
Self storage facility cap rates.
Every new entrant into the self storage facility market needs to understand the cap rate as a part of the essential math of income property ownership and sale.
Total rentable self storage space.
2014 2018 market share of public self storage companies in the u s.
Cap rate of self storage properties in the u s.
Data includes graphs and illustrations.
2019 leading self storage acquisition markets in the u s.
As you can see the market has seen a constant decline in cap rates for self storage properties over the last 10 years from an average of 10 percent in 2000 to 6 25 percent in 2013.
This overview is provided to help buyers and sellers of self storage businesses gain clarity on the role of the cap rate in a property valuation.
Percentage of households that rent a self storage unit.
Average monthly cost for a self storage.
When cap rates inch upward it s good news for buyers but not so much for sellers.
Statistics about the self storage industry including annual revenue construction pricing occupancy and financial performance.
Self storage sector snapshot data.
Number of storage facilities range 45 000 60 000.
1 7 billion square feet.