Maximizing Value Through Self Storage Investments
Acquisition. Development. Management.
About Trusted Storage Partners
With over 20 years of combined real estate investing experience, Trusted Storage Partners is at the forefront of the self-storage investment industry. Our seasoned team brings a wealth of knowledge and expertise to the table, ensuring that our investors benefit from our deep understanding of the market dynamics and strategies for success.
At Trusted Storage Partners, we are driven by our commitment to enhancing the value and profitability of self-storage facilities. We go beyond traditional investments by actively improving operations, constructing new units, and implementing value-add initiatives. By optimizing facility layouts, introducing modern security systems, and incorporating technology-driven solutions, we create an exceptional customer experience while maximizing returns.
Our Investment Strategy
Asset + Market Selection
We target markets with strong economic growth factors and populations of 8,000+. In particular, we focus on secondary markets across the United States that are underserved by self-storage facilities. This creates an opportunity for us to acquire assets with significant upside potential and to generate strong returns for our investors.
Add Value
We focus on optimizing operations and improving revenue management. In markets with unmet demand, we construct additional storage space whenever possible. Our strategy includes enhancing each facility's online presence, installing advanced security systems, automated access technology, and additional value-driven renovations.
Refinance or Exit
In most cases, once an asset has stabilized, our team will refinance the debt and return the initial capital to investors. This allows us to retain ownership of the asset and generate ongoing revenue for investors, without incurring capital gains taxes. Typically after a period of 5-10 years of the asset appreciating and generating cash flow, we will consider selling if we are approached with the right offer.
Why Invest in Self Storage Facilities?
- Annual Revenue: The self-storage industry in the United States generated an estimated annual revenue of over $40 billion in recent years.
- Average Annual Returns: Real Estate Investment Trusts (REITs) specializing in self-storage have reported average annual returns ranging from 7% to 15%.
- Number of Facilities: The United States is home to a significant number of self-storage facilities, with estimates ranging from 50,000 to 60,000 facilities nationwide.
- Occupancy Rates: Self-storage facility occupancy rates in the U.S. tend to vary by location and market conditions. However, the industry average hovers around 90%, indicating strong demand for storage units.
- Profitability: Well-managed self-storage investments can provide a consistent stream of income and have historically demonstrated resilience during economic downturns.