Nobody sets out to own storage. Then they run the numbers.
Low overhead, no tenants calling at midnight about a furnace, and demand that holds up when the economy does not.
The deals are usually simpler than they look. The diligence is not.
Occupancy tells you less than the unit mix does.
A facility at ninety percent full of the wrong unit sizes earns less than one at seventy-five percent with the right ones. We look at what rents fastest, what sits, and what you could reconfigure.
Then we look at what is left to build on the lot.
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What We Look At
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Unit count and mix by size.
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Occupancy and rate history.
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Climate-controlled versus standard.
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Gate, fencing, lighting, and security.
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Management, whether on-site or remote.
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Room to add buildings, and whether zoning allows it.
What We Finance
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Acquisition, refinance, expansion pads and new buildings, and conversion projects.
Call before you buy the adjacent lot.
Expansion is where most of the return in storage comes from. Financing the facility and the expansion together is usually cleaner than doing it in two rounds.
Ten locations across Northeastern Wisconsin. Find the one nearest you, or call a lender directly.