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At Coastal Storage, we love the self-storage industry. We love it so much that we focus on self-storage development, acquisition, and investment. Our team of experts knows the industry inside and out and works exclusively to connect investors with the best opportunities. Why is the self-storage industry a great investment?  There are many factors to […]

The self-storage industry is a growing, steady opportunity for most entrepreneurs. With a strong return on investment, there is a stealthy and growing population of people seeking to invest in this industry. According to Forbes, “the average return on investment from 2006-2021 was 18.76%.” While specific circumstances apply in each transaction, the self-storage industry is

RV & Boat Storage is a growing segment of the self-storage industry, It was already popular in areas of the country like Houston, Texas; southern California, and Florida before 2020. During 2020, when purchases of RVs skyrocketed, new demand was generated for the storage of large toys like RVs and boats.  According to Forbes.com, “RV

The business of self-storage is one that we love. We are passionate about connecting investors with properties that will provide income and stability for years. Whether choosing to operate the business in person or as an absentee owner, it’s important to understand the legal issues surrounding self-storage in Florida. The Coastal Storage team works to

Multiple revenue sources in self-storage are essential for business growth. Rental income is the main source, but expanding revenue options is necessary. There are many ways to increase revenue at a self-storage. Let’s discuss some of the easiest revenue options now. Retail sales Offering supplies is a great way to generate additional revenue. Packing boxes

One of the best things self-storage owners can do is to help their customers store items properly and safely. When owners provide helpful advice on proper storage, customers feel less stress about storing their treasures at a business. One item that is important to assist customers with is batteries. Consider the number of batteries that

A self-storage business that lacks strong security will not be a great self-storage business for long. Eventually, customers will suffer a loss that leads them to other places to store their treasured items. Today’s clients need storage for business inventory, personal possessions, and other valuable items that would be devastating to lose or find damaged.

Selling a self-storage business requires the same careful thought put into acquisition. When purchasing a self-storage, it’s important to consider location, physical assets, units available, income, profitability, and even room for growth . These items are still important; however, there is more to consider when selling a self-storage property. Let’s cover three things to consider

According to sparefoot.com, there are over 52,000 self-storage businesses in operation today. Current statistics indicate that 14.6 million American households utilize self-storage for their belongings which is equal to about 11% of American families. Many self-storage businesses operate at or near capacity. The self-storage industry is a great investment. It provides steady, predictable revenue. If

Every business faces legal challenges. Some legal issues are more common in self-storage than in other industries. The most important first step to being prepared for legal issues is to work with a trusted lawyer before a problem arises. Preparedness is the key so issues can be avoided and dealt with quickly should the need