Self-storage real estate investment trusts (REITs) have an excellent long-term track record. However, the pandemic shutdown, followed by the reopening of the economy, produced a boom and then a bust for self-storage operators.
The year-and-a-half decline for these REITs is over, and it’s time to add some self-storage to your portfolio.
Let’s take a look at REITs which to invest in…
Self-storage properties are inexpensive to build and have low operating costs. As a result, break-even comes at low occupancy rates, and as occupancy increases, profit margins can be very attractive.
The handful of publicly traded REITs own just 20% of the over 50,000 self-storage facilities in the U.S. This fact means there is plenty of opportunity to grow via acquisition as well as building new self-storage facilities.
There are only four publicly traded self-storage REITs. They range from a small $4 billion market cap up to the largest, with ten times the market value of the smallest. Here are the four stocks, from small to large, with some…
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