Driving for Self-Storage: Finding and Purchasing Off-the-Map Facilities

With more investors flooding the self-storage market, finding the right acquisition can be tricky. Well-run facilities are often pricey and typically draw dozens of buyers. This has led many would-be owners or those who wish to expand an existing portfolio to seek out older, even abandoned properties in need of capital injection. These opportunities aren’t always easy to find, however. They often lack websites and aren’t listed with brokers; some don’t even appear on Google Maps. In this video, industry owner and investor Stacy Rossetti shares her method of “driving for storage” to uncover hidden gems. Learn how she’s rehabbing a rundown property she found in Utah. Are you ready to take a trip?