If you were to pay all cash for a self storage facility the cap rate is the rate of return on the income the property is expected to generate.
Self storage facility cap rates.
1 7 billion square feet.
2019 leading self storage acquisition markets in the u s.
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.
Statistics about the self storage industry including annual revenue construction pricing occupancy and financial performance.
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.
Total rentable self storage space.
When cap rates inch upward it s good news for buyers but not so much for sellers.
Percentage of households that rent a self storage unit.
Before we dig into why and apply a formula to calculate here s an easy way to remember what the figure represents.
Number of storage facilities range 45 000 60 000.
2014 2018 market share of public self storage companies in the u s.
Data includes graphs and illustrations.
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.
Cap rate of self storage properties in the u s.
Self storage space per person.