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

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

Why are women the decision makers when it comes to self-storage facility selection? Women are often the decision-makers when it comes to self-storage facilities for several reasons tied to household dynamics, organizational tendencies, and shopping behavior. In many households, women traditionally take on the role of managing the home and organizing space. This includes deciding what items to store, whether for decluttering, moving, or safeguarding sentimental items. Women are frequently involved in family-related decisions, such as moving or home renovations, both of which often necessitate storage solutions. Studies suggest that women often value organization and tidiness more than men. Storage facilities provide an efficient way to manage excess belongings without sacrificing home aesthetics or functionality. They might take the lead in ensuring seasonal items, decorations, or children’s belongings are stored properly. Women are typically seen as more detail-oriented shoppers, researching and comparing options before committing to services like storage. This makes them key decision-makers in choosing the right facility based on factors such as security, location, and pricing. They are often more proactive in identifying needs for storage before a clutter issue becomes unmanageable. Women often spearhead plans for major life events that drive storage needs, such as weddings, childbirth, or caring for elderly relatives. These situations can require temporary or long-term storage solutions. Storage companies often market their services in ways that resonate with women, emphasizing convenience, safety, and family-friendly features. This targeted marketing reinforces women’s role as decision-makers in this space. By addressing these tendencies, storage facilities can align their services with what women often prioritize, such as cleanliness, security, and customer service, further solidifying their role as decision-makers. 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 a self-storage facility attractive to renters? Facilities close to residential areas, businesses, or transportation hubs are more attractive. Extended hours or 24/7 access is a significant advantage. Wide driveways, elevators, and ample parking simplify loading and unloading. 24/7 video monitoring and security cameras give renters peace of mind. Electronic gate access, individual unit alarms, and secure locks enhance safety. Having personnel on-site adds a layer of security and service. A range of unit sizes accommodates different storage needs. Climate control protects sensitive items from temperature or humidity extremes. Drive-Up units are convenient for renters who need frequent or large-item access. A clean, pest-free, and odor-free environment signals professionalism. Functional doors, lights, and other amenities reassure renters. Affordable prices compared to nearby facilities attract budget-conscious renters. Transparent contracts without hidden fees build trust. Promotions for first-time renters or long-term contracts are appealing. Helpful and knowledgeable employees create a positive experience. Availability by phone, email, or in person is important. Online reservation, payment, and account management enhance convenience. Positive online reviews and word-of-mouth recommendations build credibility. Offering boxes, tape, and packing materials on-site is a bonus. Dollies, carts, or even rental trucks can add value. On-site storage insurance for renters provides added convenience. Month-to-month contracts suit renters with varying timelines. Offers tailored to seasonal needs or temporary surges (e.g., student storage) attract specific markets. Energy-efficient lighting or solar-powered facilities appeal to environmentally conscious renters. 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