Varies by region, typically $75 to $150 per foot. Operating Expenses: Usually 30% to 40% of the gross income. đź“Ť Location Impacts Price
Most facilities sell at a 5% to 7% capitalization rate.
(NYC, LA, Austin) Command high prices and lower cap rates.
Square footage, climate control, and location.
Expect to pay HOA or maintenance fees ($50–$150/month).
In some markets, you can buy a single unit rather than renting it. This is popular for RV owners, car collectors, or small business owners. $40,000 to $250,000+
You build equity instead of paying "dead money" in rent. 🏢 Buying an Entire Storage Facility
