Buying a Storage Facility

IRE networks with bankers, accountants, engineers, management firms and more to connect you to the right people you need.

View Current Listings

How to Buy a Self Storage Facility

Before you begin, ask yourself how a self storage investment fits into your business plan. How involved do you want to be in the daily operations? Do you need a property management firm? Are you looking in a specific market? Here are the basic items you should research before acquiring a self storage facility.

Determine Your Ideal Property Size and Location

Real estate is always about location and self storage isn’t any different. Working together with our team of experts will help you to determine your ideal property, size and location.

Team of Experts

Purchasing a self storage facility takes a team of professionals. In addition to the best self storage real estate broker in the industry, you will need to engage services of an attorney, appraiser, financial institution, surveyor and possibly an engineer. IRE works with top professionals in each field who are familiar with self storage properties and the unique matters surrounding them. Through our vast network, we will align you with the right people to get the transaction completed.

Purchasing Process

Our brokerage team has seen thousands of letters of intent, purchase and sale agreements, and due diligence documents. We will share the materials you need to effectively research a self storage facility and help you with financing assistance. The brokerage team works diligently to keep deals moving through the purchasing process so that both parties reach the closing table without surprises or issues.

There are specific guidelines to buying and operating a successful self storage facility. Investment Real Estate has the tools, resources, knowledge and experience to keep you on track to closing on your first or next self storage facility.

Contact Us to Learn More about Buying

new-self-storage-buyer-services-investment-real-estate

View our recent blogs

View All
Guide-to-self-storage-maintenance-&-renovations

Guide to Self-Storage Maintenance & Renovations

As a self-storage facility owner, you need to maintain your property to keep your tenants happy. Profitable self-storage renovations can increase your property value and make it easier to sell your facility when the time comes. Know which renovations will give you the greatest return on investment (ROI) to make the most of your time […]

Guide to Self Storage Real Estate Gains Taxes

Guide to Self Storage Real Estate Gains Taxes

Over the past few years, self storage has become an increasingly appealing investment. The growing trend can be traced back to the U.S. financial crisis. By the time the crisis ended, funding for new construction had become nearly impossible to obtain. However, investors found that self storage properties performed well, even during the recession, and […]

prepare to sell your self storage property

Understanding the Valuation of Your Property

Self-storage property valuation is an analytical tool that looks at all the factors that make your property valuable to determine its worth. Knowing your property’s valuation can help you maximize your profits when you decide to sell. Buyers seeking self-storage unit facilities are interested in the current income of the business, the value of the […]

Keepsake Storage Concord VA

Common Roadblocks in Selling a Self-Storage Facility and How to Avoid Them

The end goal of every commercial real estate transaction is to complete the process smoothly and easily and leave all parties feeling happy and satisfied with the outcome. In reality, though, those selling commercial property can face obstacles that make the transaction feel less than perfect. The best way to handle these challenges is to […]