Hey all, long time lurker member looking for anyone with experience in self storage ownership?
Feels a lot like fragmented industrial property, but there's been a bit of consolidation in the last 5-10yrs with a couple of big LL's but it looks to be mostly small private ownership.
Thinking is future demand will come over the next 10 years as boomers sell their big house and downsize but dont want to ditch all their stuff?
No real idea on potential returns and/or operational difficulties so be interested to hear any thoughts or insights.
Cheers,
blw101
Feels a lot like fragmented industrial property, but there's been a bit of consolidation in the last 5-10yrs with a couple of big LL's but it looks to be mostly small private ownership.
Thinking is future demand will come over the next 10 years as boomers sell their big house and downsize but dont want to ditch all their stuff?
No real idea on potential returns and/or operational difficulties so be interested to hear any thoughts or insights.
Cheers,
blw101