Storage Point Capital

We are thrilled to see our new billboards and brand up for our recently acquired storage facilities! Nothing's quite as rewarding as watching a successful plan come together! Visit us at storagepoint.co. #StoragePointZelienople #ZelienoplePA #StoragePointPortersville #PortersvillePA #StoragePointPA #ZelienopleStorage #PortersvilleStorage

The truth about high-tech and self-storage facilities. The self-storage industry has seen significant advancements in high-tech solutions, driven by the need for efficiency, security, and enhanced customer experience. Facilities now use fingerprint or facial recognition for secure access. Customers can use mobile apps to open gates, doors, or individual units, often without requiring a physical key. High-definition cameras with night vision, motion sensors, and remote monitoring provide enhanced security. Artificial intelligence analyzes video feeds to detect suspicious activity or unauthorized access. Kiosks allow customers to rent units, make payments, or manage accounts without staff assistance. In large warehouses, drones are used to monitor inventory and maintain security. Internet of Things (IoT) devices monitor temperature, humidity, and air quality to ensure optimal storage conditions. Automated systems adjust settings based on real-time sensor data to protect sensitive items. Customers can explore facilities and book units via virtual reality or interactive websites. Bots provide instant assistance for inquiries, bookings, and troubleshooting. Customers receive alerts for due payments, access logs, or environmental changes in their units. Facilities use data to optimize space utilization, predict demand, and adjust pricing dynamically. Digital platforms help customers track stored items with detailed inventories and photos. Many facilities are adopting solar panels to reduce energy costs. LED lighting and motion sensors minimize electricity usage. New facilities are often designed with sustainable materials and energy-efficient systems. Operators manage operations, monitor security, and provide remote customer support through cloud platforms. Apps allow users to manage their accounts, monitor unit activity, and receive real-time notifications. These innovations not only improve operational efficiency but also address customer expectations for convenience and security, making the self-storage experience more seamless and reliable. Storage Point Capital is a rapidly expanding self-storage acquisition and development company. Follow us at Storagepointcapital.com to learn more about how you can actively or passively be a part of the best-in-class commercial real estate asset. Have a self-storage facility to sell or land for self-storage development? Let's talk. Call, text, or email me today! Ed Clement Director of Business Development, Storage Point Capital eclement@storagepointcapital.com (727) 946-0745 https://lnkd.in/grecpSm3 #selfstoragebusiness #selfstorage #business #selfstorageinvesting #realestateinvestor #commercialrealestate #selfstorageindustry #selfstoragedevelopment #investing

We are thrilled to see our new billboards and brand up for our recently acquired storage facilities! Nothing's quite as rewarding as watching a successful plan come together! Visit us at storagepoint.co. #StoragePointZelienople #ZelienoplePA #StoragePointPortersville #PortersvillePA #StoragePointPA #ZelienopleStorage #PortersvilleStorage

Looking for the best way to own and manage real estate while hardly having to lift a finger when it comes to maintenance? Self-storage is absolutely the best way to go. That’s because, unlike most real estate ventures, self-storage facilities are designed to be as simple as possible, making cleaning, upkeep, and maintenance a breeze. Plus, the steel-constructed facilities are virtually damage-resistant. It’s about as low effort as real estate gets; a changed light bulb here and there and some quick sweeps between tenants is nearly all it takes. You may even find yourself able to go years without making any significant capital improvements to space. This also makes the tenant turnover process much smoother and quicker, which is another big plus! Storage Point Capital is a rapidly expanding self-storage acquisition and development company. Follow us at Storagepointcapital.com to learn more about how you can actively or passively be a part of the best-in-class commercial real estate asset. Have a self-storage facility to sell or land for self-storage development? Let's talk. Call, text, or email me today! Ed Clement Director of Business Development, Storage Point Capital eclement@storagepointcapital.com (727) 946-0745 https://lnkd.in/grecpSm3 #selfstoragebusiness #selfstorage #business #selfstorageinvesting #realestateinvestor #commercialrealestate #selfstorageindustry #selfstoragedevelopment #investing

How does self-storage thrive in difficult economic times? One of the few industries that appears to thrive no matter how bad things become for the economy is the self-storage sector. It has survived several recessions and returned stronger each time. The cause? Self-storage provides an essential service that is easily adjusted to people's changing demands, regardless of the condition of the economy. Self-storage becomes increasingly essential for both people and companies during hard times. Financially challenged individuals frequently reduce their homes, requiring the need for a place to keep all of their extra possessions. Also, storage provides a simple and cost-effective solution to deal with excessive quantities, despite the fact that relocation and life changes can be difficult. The same applies for businesses. Companies often search for ways to reduce costs during a downturn in the economy, which may include downsizing their physical footprint or giving up office space. However, they still need to keep documentation, inventory, and equipment. Self-storage provides a flexible, low-cost option that allows them to keep operating without the excessive costs of commercial leasing. One reason self-storage is so robust is that it’s cost-effective. And that affordability is much more appealing when individuals are trying to save money. Self-storage usually works on a month-to-month basis, which allows consumers to rent space just when needed, in contrast to renting a home or office. Being flexible is vital, particularly in these uncertain economic times when most people are cautious of making long-term commitments. Storage Point Capital is a rapidly expanding self-storage acquisition and development company. Follow us at Storagepointcapital.com to learn more about how you can actively or passively be a part of the best-in-class commercial real estate asset. Have a self-storage facility to sell or land for development? Let's talk call, text, or email me today! Ed Clement Director of Business Development, Storage Point Capital (727) 946-0745 https://lnkd.in/gdMsxQSg eclement@storagepointcapital.com #selfstoragebusiness #selfstorage #business #selfstorageinvesting #realestateinvestor #commercialrealestate #selfstorageindustry #selfstoragedevelopment #investing

How important is driveway width when planning a self-storage facility? The width of driveways in a self-storage facility depends on the type of vehicle access you need to accommodate. For one-way traffic with small to medium vehicles, the driveway should be at least 12-16 feet wide. For larger vehicles (like box trucks), you may want to increase it to 16-18 feet. If you anticipate two-way traffic, the width should be around 20-24 feet to allow vehicles to pass comfortably. For sites expecting larger vehicles like moving trucks or trailers, it’s recommended to go up to 24-30 feet. To allow vehicles to access storage units directly, driveways should be wide enough to allow maneuverability. 24-30 feet is standard for two-way driveways, which enables vehicles to enter, park, and turn with ease. These widths are typical, but it's best to check local codes and ordinances, as they may set minimum requirements based on zoning or safety regulations. Storage Point Capital is a rapidly expanding self-storage acquisition and development company. Follow us at Storagepointcapital.com to learn more about how you can actively or passively be a part of the best-in-class commercial real estate asset. Have a self-storage facility to sell or land for development? Let's talk call, text, or email me today! Ed Clement Director of Business Development, Storage Point Capital (727) 946-0745 https://lnkd.in/gdMsxQSg eclement@storagepointcapital.com #selfstoragebusiness #selfstorage #business #selfstorageinvesting #realestateinvestor #commercialrealestate #selfstorageindustry #selfstoragedevelopment #investing

What makes self-storage unique among other commercial real estate assets? In the realm of real estate investment, one sector stands out for its unique blend of stability, low overhead, and high returns: self-storage. Often overlooked in favor of more glamorous property types like residential or commercial real estate, self-storage facilities have quietly become one of the most lucrative investments available. With a steady demand driven by various factors including urbanization, downsizing trends, and the rise of e-commerce, self-storage presents an enticing proposition for investors seeking reliable income streams and long-term growth potential. The fundamental appeal of self-storage lies in its universal demand. People across demographics, income levels, and geographical locations require storage space for various reasons. Whether it's individuals moving to smaller homes, businesses in need of inventory storage, or students seeking temporary storage during breaks, the need for extra space is ever-present. This inherent demand provides self-storage investors with a stable tenant base, reducing the risk associated with vacancies and economic downturns. Storage Point Capital is a rapidly expanding self-storage acquisition and development company. Follow us at Storagepointcapital.com to learn more about how you can actively or passively be a part of the best-in-class commercial real estate asset. Have a self-storage facility to sell or land for development? Let's talk call, text, or email me today! Ed Clement Director of Business Development, Storage Point Capital (727) 946-0745 https://lnkd.in/gdMsxQSg eclement@storagepointcapital.com #selfstoragebusiness #selfstorage #business #selfstorageinvesting #realestateinvestor #commercialrealestate #selfstorageindustry #selfstoragedevelopment #investing

How a bad manager can turn your Class A self-storage facility into a D- business. A bad manager can significantly impact the performance, reputation, and profitability of a self-storage facility. A manager with poor communication skills or a lack of professionalism can alienate customers, leading to complaints and lost business. Unsatisfied customers are less likely to renew leases or recommend the facility to others. Negative interactions may result in poor online reviews, which can deter potential new customers. Mismanagement of units, poor record-keeping, or failing to follow up on customer inquiries can create chaos. A manager who neglects repairs and cleanliness can cause the facility to become rundown, impacting its appeal and safety. If policies like access control, late fee enforcement, or unit allocation are applied inconsistently, it can lead to customer dissatisfaction and operational confusion. Failure to enforce payment deadlines or follow up on delinquent accounts can result in revenue loss. Ineffective marketing and poor customer relations can leave units empty, reducing overall income. A bad manager might provide unauthorized discounts or fail to properly price units. Poor leadership can demotivate employees, leading to decreased productivity and higher turnover. A bad manager might neglect to properly train staff, causing further inefficiencies. If a manager ignores customer complaints about security concerns, the facility's reputation as a safe place to store belongings can be damaged. A pattern of bad customer service, maintenance issues, or security concerns can tarnish the facility's reputation in the community. A tarnished reputation makes it harder to compete, especially in areas with multiple storage options. A manager who fails to actively promote the facility may miss out on attracting new customers. Poorly trained or disengaged managers may miss opportunities to offer additional services like insurance, locks, or packing supplies. A bad manager can create a ripple effect of inefficiencies and dissatisfaction that harm a self-storage facility's bottom line and reputation. Regular oversight, training, and performance reviews can help mitigate these risks and ensure the manager contributes positively to the business. Storage Point Capital is a rapidly expanding self-storage acquisition and development company. Follow us at Storagepointcapital.com to learn more about how you can actively or passively be a part of the best-in-class commercial real estate asset. Have a self-storage facility to sell or land for development? Let's talk call, text, or email me today! Ed Clement Director of Business Development, Storage Point Capital (727) 946-0745 https://lnkd.in/gdMsxQSg eclement@storagepointcapital.com #selfstoragebusiness #selfstorage #business #selfstorageinvesting #realestateinvestor #commercialrealestate #selfstorageindustry #selfstoragedevelopment #investing

The property appears to have an attractive going in cap rate but what about the expense load? The expense load has a significant impact on the capitalization rate (cap rate) in real estate investments. The expense load refers to the total operating expenses associated with a property, such as property taxes, insurance, maintenance, utilities, and management fees. These expenses can and will change with new ownership and must be accounted for during due diligence. These expenses directly affect the Net Operating Income (NOI), which is the income generated from the property after deducting operating expenses. Increased operating expenses reduce the NOI. A lower NOI results in a lower cap rate for a given property value. If the expense load is disproportionately high relative to the income, it can make the property less attractive to investors. Reduced operating expenses lead to a higher NOI. A higher NOI results in a higher cap rate, assuming the property value remains constant. Properties with efficient expense management often attract investors seeking better returns. Properties with a lower expense load are typically more profitable and result in a higher cap rate, signaling better returns. Conversely, a high expense load lowers the cap rate, reducing the perceived attractiveness of the investment. Investors often assess expense load carefully to ensure that operating costs don't erode potential returns. Storage Point Capital is a rapidly expanding self-storage acquisition and development company. Follow us at Storagepointcapital.com to learn more about how you can actively or passively be a part of the best-in-class commercial real estate asset. Have a self-storage facility to sell or land for development? Let's talk call, text, or email me today! Ed Clement Director of Business Development, Storage Point Capital (727) 946-0745 https://lnkd.in/gdMsxQSg eclement@storagepointcapital.com #selfstoragebusiness #selfstorage #business #selfstorageinvesting #realestateinvestor #commercialrealestate #selfstorageindustry #selfstoragedevelopment #investing