Wesley Shattuck Real Estate

03/06/2023

Top Markets to Invest in Self-Storage

The self-storage industry has seen steady growth over the years and is considered a stable investment opportunity. When it comes to investing in self-storage, here are some of the top markets to consider:

1. Texas is a popular market for self-storage investing due to its growing population and strong economy. Major cities like Dallas, Houston, and Austin have seen an increase in demand for self-storage due to a growing population, higher number of renters, and an increase in small businesses. These three aforementioned cities are in the top 10 in population growth nationally from 2019–2022.

2. Florida is another state with a high demand for self-storage due to its large population, growing tourism industry, and favorable climate. Orlando, West Palm Beach, Jacksonville and Fort Lauderdale are four of the top 10 growing cities within the country.

3. Despite the high cost of living, California remains a top market for self-storage investing due to its large population and strong economy. Major cities like Los Angeles, San Diego, and San Francisco have a high demand for self-storage due to a high number of renters and small businesses.

4. New York is a densely populated state with a high demand for self-storage due to limited living space and a growing number of renters. The New York City area, in particular, is a good market to consider due to a large number of apartment buildings and limited storage space.

5. Arizona has seen steady population growth and is a popular destination for retirees. Major cities like Phoenix (top 10) and Tucson have a high demand for self-storage due to a growing population and a high number of small businesses.

6. Raleigh and Las Vegas round out the top 10 growth in population.

7. In addition to these top markets smaller, mid-sized cities are worth investing in due to rapid growth and less competition compared to more densely populated urban areas.

Investing in self-storage can be a smart move if you choose the right market experience in management, marketing and financing. It's important to do your research and consult with a professional before making any investment decisions.

10/11/2022

So proud, beyond words Sam!

05/08/2021

Great day with them at this awesome campus.

11/28/2020

Find your relief

10/07/2020

Looking to buy a home in the Denver area? This past September broke records for homes under contract, highest median price, most sold and shortest time on the market.

Looking to list your home, now would be a great time to get premium dollar with record low inventory. Buyers need to be diligent and have funds for purchase price beyond list price.

IM me if you are interested in getting a valuation of your property.

Normally by September, metro Denver’s housing market has cooled off and started buttoning down for the off-season. But nothing is normal about this year.

09/20/2020

This was a cool contrast against the fall colors.

09/19/2020

Last Dollar Road

09/05/2020

Lizard Head Pass for the weekend

08/26/2020

National dog again. Amazing how they’re such a part of the family. Blessed to have Sydney in our lives.

12/14/2019

Come check out this beautifully updated 3 bd. 3 ba. from 11 - 2 today in Chatfield. Great location and incredible lot of over 1/3 of an acre. Welcome to your new home!

Rare Opportunity To Own A Fabulous Home In Meadowbrook He...

12/09/2019

Open House Wednesday 12/11 from 3:00PM - 6:00PM. Great starter home or a great investment property with either long-term or short-term leases. Come check this great property on the west side of town.

This fantastic ranch sits on a large corner that faces so...

11/16/2019

Daily Search: Downtown Denver living