Storage Auctions

Wanna know how many storage units there are in the good old USA ?

Offline MovieMan

  • *******
  • 4175
    • View Profile
These paragraphs are from Wiki.

At year-end 2009, a total of some 50,000 self storage facilities, owned by 30,235 companies, have been developed in the United States on industrial and commercial land parcels. There is more than 2.35 billion square feet of self storage in the U.S., or a land area equivalent to three times Manhattan Island under roof. The five large publicly traded storage operators (four REITs and U-Haul) own or operate approximately 9% of self storage facilities. More recently, in many metropolitan cities where competition among storage companies is fierce, better parcels of land near residential and commercial areas are being converted into self-storage once approved by zoning panels.


According to the "Self Storage Demand Study - 2007" (published by the SSA) one in ten U.S. households now rent a self storage unit. The growing demand for self storage in the U.S. is created by people moving (some 40 million Americans move each year according to U.S. Census data), and by various lifestyle transitions, such as marriage, divorce, retirement, a death in the family, etc.

The next time you get a personal jet in a locker you can hop aboard and go WAY out of state ! ;D

Re: Wanna know how many storage units there are in the good old USA ?
« Reply #1 on: February 11, 2011, 10:20:12 AM »
This is good news, and the more lockers there are, the more auctions we will have. lol...

I a also playing with the thought of buying land and set up a storage facillity.
The only problem so far is getting investors in on it.
I have land on my hand in several states, so all tht i needed is the buildings.


Offline MovieMan

  • *******
  • 4175
    • View Profile
Re: Wanna know how many storage units there are in the good old USA ?
« Reply #2 on: February 11, 2011, 11:17:02 AM »
This is good news, and the more lockers there are, the more auctions we will have. lol...

I a also playing with the thought of buying land and set up a storage facillity.
The only problem so far is getting investors in on it.
I have land on my hand in several states, so all tht i needed is the buildings.

I don't have the money (or the fortitude) for that, but go for it...remember "overhead, overhead, overhead".


xx
Has anyone bought any good units lately?

Started by Travis

10 Replies
3971 Views
Last post March 25, 2014, 08:56:46 AM
by Travis
xx
Facebook Group: I wanna poke Laura from Storage Wars ... LOL

Started by rulesforrebels

1 Replies
3474 Views
Last post April 29, 2011, 09:14:38 PM
by Travis
xx
I wanna see that !

Started by MovieMan

6 Replies
2889 Views
Last post February 14, 2011, 10:04:37 PM
by oteixeira
xx
I dont wanna see that!!

Started by Drew

17 Replies
8279 Views
Last post February 04, 2011, 09:00:56 AM
by MovieMan