Investing in Self Storage
It’s no secret that the overall population is on the rise. And with more people come more living spaces, and that means the need for more storage. Life changes also factor into the constant need for self-storage. Household downsizing, college students storing items for the summer, and family situations such as divorce or deaths all play a part in the need to store one’s valuable personal items. In addition, many businesses regularly use self-storage facilities for overflow or medical record storage. And, since self-storage facilities require very few employees to manage a facility, overhead is lower and potential for return on investment is high, making investing in self-storage a wise economic strategy.
The United States self-storage market size reached $29.5 Billion in 2023, according to IMARC Group, a leading advisor on market research worldwide, and is projected to keep rising. What does all this mean? It means that now is the time to invest in the self-storage industry. Learn more about getting started by contacting BETCO, your single source self-storage specialists since 1984. Whether you are a seasoned veteran or a newcomer to the world of self-storage, BETCO is here to help.
And speaking of help, the future is now for building smart, and you can get a jump on the competition with SmartReady™, BETCO’s exclusive package that gives you the blueprint for a true smart facility. SmartReady provides a package of components and design for your building’s infrastructure that will make your facility profitable now, and in the future. Look to BETCO to help you make the most out of your investment in self-storage.
