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Meeting the needs of future tenants helps to gain their loyalty. Tenants will choose to remain at a self-storage facility for a long time if the business offers specific amenities they need. One of those necessary amenities is climate-controlled storage. Many tenants will need climate-controlled storage units today. This type of storage is in demand, […]

Self-storage facilities are excellent investment opportunities – both for the owner-operator and the absentee owner. The key to success is high occupancy and revenue generation. Cultivating customer loyalty is the key to maintaining high occupancy. Even today when customers prefer online transactions over in-person, business owners can create customer loyalty by checking on their tenants

What do self-storage tenants want? That’s the million-dollar question, and if you can answer it, you’re well on your way to keeping your self-storage occupancy high and your income strong as an owner-operator. There are a few, specific things that are common requirements among those seeking self-storage. Let’s discuss what tenants want right now. The

We prepare for hurricanes in Florida for several months of the year. While we see snow or ice less frequently, it’s still necessary to have a plan in place for winter weather. Self-storage operators and managers can save money, avoid hassles, and protect the facility’s reputation by preparing before the season arrives. Customers expect to

Self-storage businesses are excellent investments when managed well. An owner must take certain steps to ensure the business’s success. One potential opportunity is to find an underperforming property that can be carefully restructured to maximize income. How does one know if an underperforming property is a good investment? Let’s look at the conditions of an

As 2024 winds down, this may be the time to find the next great self-storage investment. Let’s look at some of the best listings available in Florida today. Jumbo RV & Boat Storage in Palmetto, Florida  Strategically located, this stabilized boat and RV facility is located in Palmetto. This facility is on 1.3195 +/- acres

Self-storage continues to experience steady growth as an industry. According to the Self-Storage Almanac, “in 2023, there were 51,206 self-storage businesses in the United States with over 22 million units.” Nearing the end of 2024, Sparefoot reports that “there are 52,301 self-storage businesses with over 2.1 billion square feet of rentable space. Into 2025, we

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