Self storage development & acquisitions

How we create value

Ground-up self storage development

Ground-up development is where we create the most value for investors. We identify undersupplied, high-growth submarkets, secure entitled land, and build modern climate-controlled Class A facilities designed around real drive-time demand — not speculation. Because we capture the full development margin between construction cost and stabilized value, ground-up projects target our highest returns over a three-to-five-year hold.

Every project runs through the same disciplined pipeline: site selection and feasibility, entitlement and design, construction management, and lease-up to stabilized occupancy. Independent feasibility work and conservative underwriting test each assumption before ground breaks, and staged capital deployment keeps risk contained through the build.

Acquire existing self storage facilities

Acquiring existing, stabilized facilities gives investors immediate, predictable cashflow rather than a lease-up curve. We target well-located properties — frequently off-market and below replacement cost — where in-place net operating income supports day-one distributions and there is still room to sharpen operations. This is a lower-risk complement to ground-up development within a diversified self-storage portfolio.

Our team underwrites each acquisition on trailing financials, the rent roll, and local supply-and-demand, then models realistic upside from professional management and revenue systems. Because storage leases are month-to-month, a stabilized facility can be repriced to market quickly, protecting income against inflation while we hold.

Value-add self storage investments

Value-add is the middle path between ground-up risk and stabilized yield. We buy underperforming facilities — mismanaged, under-marketed, or missing climate-controlled units — and raise net operating income through professional management, revenue-management software, physical improvements, and rebranding. As NOI climbs, so does the property's value, creating a gain we capture at refinance or sale.

Typical levers include adding or converting units, introducing tenant insurance and ancillary revenue, tightening delinquency, and repositioning the facility against local competitors. Each initiative is underwritten conservatively so the business plan works even if only part of the upside materializes.

Buy a self storage business

Beyond real estate, we acquire operating self-storage businesses as a going concern — the property plus its management, staff, systems, and tenant relationships. Valuing a business acquisition means looking past the building to the quality of the rent roll, the software stack, vendor contracts, and how cleanly operations can transition without disrupting tenants or cashflow.

For owners ready to exit, we offer a straightforward, confidential process and can structure terms — including seller financing — that fit your timeline. For investors, buying an established business shortens the path to stabilized income.

Self storage acquisitions

Acquisitions are the engine of our portfolio. Whether we are buying a stabilized facility, a value-add reposition, or an operating business, every deal moves through one repeatable, disciplined path — sourcing, underwriting, due diligence, financing, and closing.

We concentrate on off-market opportunities sourced through direct owner relationships, so investors gain access to facilities that never reach public listing platforms. Conservative underwriting against the rent roll, local supply, and true operating costs governs whether we proceed on any acquisition.

1. 01

   Sourcing & site selection

   Markets are screened for population growth, drive-time demand, and how little competing supply is permitted nearby — with most deals arriving through owner relationships rather than listings.

2. 02

   Feasibility & underwriting

   Independent feasibility studies and downside-first underwriting have to clear every assumption before any capital is committed.

3. 03

   Due diligence

   Financials, physical condition, market demand, and legal standing are each verified against the checklist below before we are bound.

4. 04

   Financing & closing

   Debt and equity are structured to fit the deal, the capital stack is finalized, and the acquisition funds through our investor portal.

5. 05

   Construction & stabilization

   Construction and lease-up are managed through to stabilized occupancy, then operations are tuned for the hold period.

For a full, step-by-step walkthrough — including cost benchmarks, the due-diligence checklist, and cap-rate guidance — read our full guide to buying a self storage facility.

Due diligence

Before closing we verify financials, property condition, market demand, and legal standing against a rigorous checklist — surfacing risk early so nothing derails the deal after purchase.

Financials

Twelve months of collections against billings, the unit-by-unit rent roll and occupancy history, and every delinquency and concession behind them.

Property

Title and survey, a Phase I environmental review, and the physical condition of roofs, doors, paving, and deferred maintenance.

Market

Competing facilities within the drive-time trade area, achievable street rates, and the population trends behind demand.

Legal & ops

Zoning and permitted use, vendor and service contracts, and the management software the facility runs on.

Financing

We structure each capital stack to fit the deal — often blending several sources — balancing leverage, cost of capital, and investor returns.

Conventional mortgage

Bank or agency debt suited to stabilized facilities with documented operating income.

SBA 7(a) / 504

Government-backed lending that lets owner-operators buy with less equity down.

Seller financing

An owner-carried note that bridges a valuation gap or speeds a closing.

Syndicated equity

Pooled investor capital that funds larger acquisitions and portfolio deals.

Closing process

Closing brings everything together: escrow and title complete, operations transfer — tenant records, access systems, insurance, vendors — and the facility keeps trading from the first day we own it. New investors are onboarded through the portal, and reporting begins with the first distribution period. A typical acquisition runs 45–90 days from accepted offer to funded close, depending on financing and diligence.

Own a facility? Let's talk.

We acquire existing facilities and storage businesses, and we co-develop with qualified partners through joint ventures — including off-market and value-add opportunities. Confidential, no-obligation conversations.

Frequently asked questions