Self Storage Facility Cap Rates

Self storage sector snapshot data.

Self storage facility cap rates.

When cap rates inch upward it s good news for buyers but not so much for sellers. 1 7 billion square feet. Cap rate of self storage properties in the u s. Self storage space per person.

As you can see the market has seen a constant decline in cap rates for self storage properties over the last 10 years from an average of 10 percent in 2000 to 6 25 percent in 2013. 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. 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. 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. Data includes graphs and illustrations. 2014 2018 market share of public self storage companies 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. 2019 leading self storage acquisition markets in the u s. Average monthly cost for a self storage.