Self Storage Acquisition
We are buyers.
We are interested in existing self storage sites of 35,000 NRSF or more in The United States. Any markets with rental rates of $1/sf/mo or better and 30,000 people in a three-mile area. Any vintage. All drive-up storage units, or all interior storage units. Single story or multi story. It's all good.
We have a great reputation for a straightforward process, and for keeping good communication going with the seller.
It is very easy to see if we want to buy your site or your portfolio. Simply email the name of the store(s) with the website url(s) to Win at selfstoragestrategies dot com and include a few simple items for each site:
-a 12 month trailing P&L.
-the most recent 2 month-end management summary reports from your store software.
-a unit mix report showing rates and occupancy.
-your most recent real estate tax bill.
And tell us:
-a range you'd like to see for a valuation.
-any thoughts on how you'd like to structure a deal.
It's always a great time to sell to us!
How do you want the transaction to look?
We can buy your site with all cash. We can do a lease-to-buy. We can set up a phased buy-out. We can purchase some or all of the shares of the LLC that holds the property and the business. We can buy out existing partners and leave your shares intact. We can take over management of the property with the first right of refusal on a purchase. If you'd like to owner-finance, we can do that too. Or maybe you have another idea?
Let's start a conversation and see what works best.
We like joint ventures and co-investments.
Maybe you are buying a site, developing a site, or doing a conversion and want an equity partner with a wide skill set? Let's talk about that.
Stabilized, In Lease-Up, Distressed, or at C of O.
Who doesn't like buying a stabilized asset? We sure like that. But sometimes a distressed asset makes sense. Often times a newer site that is still in lease-up is very attractive. Sometimes the numbers work on a Certificate of Occupancy deal on a new development or a conversion. There is almost always a range where the buyer and the seller can make the numbers work.
Contact us and let's start a conversation.
Self Storage Acquisition
Interested in Buying a Self Storage Site?
Contact us before you start looking and we can help you make good decisions about your self storage acquisition strategy. One self storage acquisition strategy can differ from another quite a bit depending on investment goals, prior experience, plans for management, and partnership arrangements.
We've formed joint ventures and done co-investing with people in the past. We are open to the many possibilities that come from early conversations with people interesting in starting or expanding a self storage portfolio.
Self storage acquisition assistance for buyers and sellers!
Our self storage acquisitions group is looking for existing self storage properties for sale in all the lower 48 United States and Hawaii. We have a very good reputation for a straightforward process and uncomplicated closings.
The principals of our RHW Capital Management Group and our Store Here Management team have acquired hundreds of properties over the years.
We can come up with a valuation range without much drama.
All we need to see in order to evaluate a self storage acquisition is
-a trailing 12 month P&L
-the most recent 2 month's month-end management summary reports
-a unit mix report, and
-your most recent real estate tax bill.
Do you have a storage facility you want to buy now?
Don't take another step without ordering a market study or feasibility report. Depending on where you are in the process, and what sort of analysis you've already completed, you might want to do a Quick Look Study to start, or one of the more comprehensive studies.
Any self storage acquisition is full of opportunity and risk. Let our consultant help you evaluate and balance the self storage acquisitions opportunities and risks.
Looking for a market to enter?
If you don't have a specific site in mind, but are interested in self storage acquisitions in a particular market area, we can help. Order one of our market studies or reports from our consultant and make sure that the area where you are looking provides a high probability of success. Many a self storage acquisition has gone sour because proper analysis did not happen early in the process.
Preparing a Disposition?
Our team has worked on some of the biggest and most interesting self storage portfolio dispositions in the industry. A good self storage acquisition plan includes a variety of good options for disposition. We can help you formulate your plan. and advise you along the way.
We have the capital and the ability to be the buyer of your portfolio, too. Let's talk. Our consultant can help make your self storage acquisitions profitable for you.
Disclaimers
NO INVESTMENT ADVICE
The Content in this website is for informational and educational purposes only. Do not construe any such information or other materials as real estate, legal, tax, investment, financial, life, romance, or other advice. Nothing contained on our Site constitutes a solicitation, endorsement, recommendation, or an offer by Self Storage Strategies, it’s principals, or any of its affiliates or partners, consultant, or any third party service provider to buy or sell any financial instruments, real estate, operating businesses, or other securities or products in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
All Content including but not limited to self storage acquisition, self storage acquisitions, self storage analysis, self storage feasibility, and self storage operation on this Site is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. Self Storage Strategies, it’s principals, or any of its affiliates or partners are not a fiduciary by virtue of any person’s use of or access to the Site or Content.
You alone assume the sole and legal responsibility of evaluating the merits and risks associated with the use of any information or other Content on the Site before making any decisions based on such information or other Content.
In exchange for using the Site, you agree not to hold Self Storage Strategies, it’s principals, or any of its partners, its affiliates or any third party service provider liable for any possible claim for damages arising from any decision you make based on information or other Content made available to you through the Site.
INVESTMENT RISKS
There are risks associated with investing in real estate, operating businesses, securities, and any other financial instruments. Investing in real estate, operating businesses, stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A self storage or investment partnership’s or firm’s past investment performance is not a guarantee or predictor of future investment performance.