Become an Informed Investor Today!
The owner of this two property mini storage portfolio contacted with us in the fourth quarter of 2016. He was the original developer of the properties from the mid-80’s and was beginning to consider retirement. For years, his properties had produced consistently high levels of occupancy and cash flow, but there were yet challenges that […]
Everyone has an opinion. This statement has always been true, but in today’s ultra-connected, social media-oriented world, opinions are much easier to share (and harder to erase). Why is this important to self storage operators? The image that you project online is one of the primary reasons that people will choose to rent from your […]
Benjamin Franklin once said “A penny saved is a penny earned.” The same holds true in the real estate business, except that we can expect an even greater return when we make an effort to save on operating expenses. At one time or another, we have all looked at our to-do list and thought “I […]
The Seller of this institutionally sized self storage facility was the original developer and operator of the property from its initial development seventeen years ago through several phased expansions. We had been providing advisory and market intelligence to this property owner for several years. When conversations turned to those of retirement, we were the logical […]
The last few months of 2016 saw some interesting changes. We had a historic presidential election, the ten year treasury moved up in a meaningful way, and Self Storage REIT stock prices sagged for the first time in quite a while. Meanwhile, the phone at Argus has been ringing off the hook with owners wanting […]
The owner of this small market self storage facility contacted us in in the third quarter of 2016. They were interested in retiring, and after hearing about our national marketing platform and pricing strategy, we won the assignment. Knowing that occupancy and cash flow had been consistently strong over the past year, we immediately began […]
Our client developed this property in 2006 and had been operating it until the time of the sale. This self storage was an ancillary business for them and its performance was not being maximized. This led to cash flows that were lower than market average and presented a significant challenge in selling the property at the desired price. In fact, […]
The holidays are upon us and cautious optimism is certainly present in today’s real estate market, including self-storage. The recent presidential election along with the softening of the self-storage REITs operating data has momentarily caused the market to pause as many investors and financial institutions, both big and small, are pulling in the reins and […]
This time of year, we find ourselves reflecting on the things that we are grateful for and the people who mean the most to us. Here at Argus, we are most thankful for the men and women who work hard every day to serve the needs of their self storage clients. The Argus Self Storage […]
When we were contacted, the owner of this ten acre RV & boat storage facility had already received a number of inquiries and unsolicited offers. A familiar situation to us, the seller asked our team for a valuation opinion for the property and if one of our clients could be an interested buyer. Immediately after reviewing the property […]
