THE DIFFERENCE STARTS WITH THE LAINGER GROUP
Development | Acquisitions | Management
Self Storage by the Numbers
Why Self Storage is a solid investment
There’s no sexy reason, but behind those locked rolling doors is a $38 billion-dollar industry. One that’s been the best performing commercial real estate class for 40 years and running. With consistent, stable cash flow from rental income, low operating costs and overhead, and the ability to flip a unit with just a broom and a dust pan, self-storage can help investors quickly compound wealth and grow net worth.
$38 Billion
Annual Industry Revenue Generated
17.5%
Average Annual Returnfrom 1994-2017 reported by Reits
50-60%
Occupancy a Self Storage Facility needs to break even
55,000
Total number of US Self Storage facilities
46,000
Average square foot size of a self storage facility
18%
Industry owned by publicly traded REITS
2.3 Billion
Total rentable square feet of storage space available in the US
$91.14
Average Monthly Self Storage unit rental rate
8%
Industry Ownership by Top 100% excluding REITS
7.06
Square feet of available space per person in the US
$1.01
National Average Cost per Square Foot
74%
Industry onwership by small independent investors or “mom & pop”
DEVELOPMENT
Regardless if we are repurposing a building or building from the groud up, we are involved with all phases of the project.
ACQUISITION
We are real estate investment firm specializing in the acquisition of high quality self storage properties with the potential for economic growth and capital appreciation.
PROPERTY MANAGMENT
We are a self storage management company who manages self storage assets for our own accounts.