Compare Self-Storage Steel Mini Storage Buildings to Other Real-Estate Investments!
If you own your own land and your facility is 80% (average) full, consider this: The average payoff for your loan is typically three and a half to four years including materials, labor and concrete. If you include the purchase of your land, this pay off can be around six years with the same occupancy rate.
One of the best ways to compare real-estate investments is to look at the past performance of self-storage and other real-estate investments during the past decade. National Development Services Inc. completed an in-depth study of the performance of multi-family, office, retail and self-storage developments in Texas, Oklahoma, New Mexico, Colorado and Louisiana. This study found that the self-storage failure rates are only 8%; significantly lower than other real estate options.
The self-storage industry’s future is very bright and it will continue to mature along with the demand for its use. The advantages for investing in self-storage and mini-storage are numerous and will continue to be the key elements for its success. To see more detailed information on this exciting investment opportunity, click here (Adobe Acrobat Reader Required)
The complete results of the National Development Services study are as follows:
- Multi-family–failure rate of 58 percent
- Office-failure rate of 63 percent
- Retail-failure rate of 53 percent
- Self-storage-failure rate of 8 percent
Self-storage operation costs are less expensive compared to other real estate property!
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"American Steel Buildings has the best customer service representatives that I have ever dealt with and they are a true asset to your company."
— Marc Goings
2/B Rentals
Cherokee Village, Arkansas
"…I am the largest storage provider in North East Texas. When I started in 1998 with no experience or knowledge of metal buildings, American Steel Buildings was and still is a great partner to have."
— Michael McGahee
Discount Storage
Mt. Pleasant, Texas
"We were real happy with everything ASB did for us. Everything that was ordered arrived the same day, on time, and all was correct. There was a time later that someone backed into our building and ASB acted quickly on getting the right replacement materials to us."
— Bernie Schrome
Hideway Storage
Waxahachie, Texas
"Just wanted to send a letter letting you know how pleased I am with you and American Steel Customer service DBCI and with Jimmy's crew. It really is a pleasure to work with people who do what you expect to do and do it right.. Thanks."
— Bob White
B&W Rentals
Pulaski, Tennessee
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