How Much Does A Storage Unit Cost To Buy | 99% EXTENDED |
Most facilities sell at a 5% to 7% capitalization rate.
Square footage, climate control, and location. how much does a storage unit cost to buy
If you are looking at this as a real estate investment, the costs scale significantly. Small/Self-Managed Facilities $250,000 to $1.5 million. Profile: Often located in rural areas or smaller towns. Units: Typically 30 to 100 units. Mid-to-Large Commercial Facilities Price: $2 million to $20 million+. Profile: Multi-story buildings in suburban or urban hubs. Most facilities sell at a 5% to 7% capitalization rate