Please fill out the webform above so that when we get a self storage facility under contract that matches your criteria, you will receive an email with details.

On your end, fill out the webform above so that you are notified when we get an off-market self storage deal that is a good fit for your criteria.

On our end, we market for self storage nationwide. We are looking for value-add opportunities. We underwrite each opportunity as if we are purchasing it and then make the decision of whether or not the opportunity fits our buy-box. If the opportunity does not fit our buy-box, or the timing is not right for us, we put together the due diligence and underwriting information into an email for our buyers.

All of the opportunities that we send out will be under an exclusive, assignable Purchase Agreement so that we are principals in the transaction. This allows us to legally market our contractual rights to purchase the property. When we identify a party that wishes to buy the opportunity, we assign our contractual rights through an Assignment of Contract. In exchange for an assignment fee, we assign our rights to purchase and the assignee steps into our shoes as the buyer. All of the terms and conditions of purchase remain the same, so the seller is protected, the buyer is protected, and the transaction continues on as agreed to at the time of signing the original Purchase Agreement.

Even after signing the Assignment of Contract, we continue to support the transaction, assisting the assignee and the seller with transaction coordination. We are here to be resource before and after closing.

In summary: You will receive an email with a self storage opportunity that has complimentary underwriting and analysis provided. If you are interested in the deal, you will respond to the email with your offer price, means of financing (cash, bank loan, 1031, etc.), and closing timeline ability. More often than not, the deal will sell for our asking price or higher. Our asking price is inclusive of the assignment fee and the underlying purchase price. We will review the offers and select an end buyer to assign our contractual interests. We will then support that end buyer through the closing process.

A wholesale deal is a property that is under an assignable Purchase Agreement. With any Purchase Agreement, there is a Buyer and a Seller. The assignable nature of the Purchase Agreement allows for the Buyer to sell their contractual rights to purchase the underlying property to a Third Party. The mechanism of selling the contractual rights to purchase is an Assignment of Contract. In the Assignment of Contract, the Buyer (the “Assignor”) assigns their rights to purchase the underlying property according to the terms and conditions of the Purchase Agreement to the Third Party (the “Assignee”) in exchange for monetary consideration (the “Assignment Fee”). The Assignee steps into the shoes of the Assignor and goes to closing with the Seller. At closing, the Assignment Fee is paid to the Assignor and the purchase price from the Purchase Agreement is paid to the Seller.

It depends on the criteria you provided in your webform submission. The broader geography of your criteria, the more deals you will receive. We market nationwide, but if you are only interested in a state or two, it will be in frequent that you will receive a deal.

We have a wide variety of self storage deals that we send to our buyers list. We typically will not go below 10,000 net rentable square feet (NRSF) because of the difficulty operating those facilities without locally owner operating. The largest self storage facility that we ever sent out was ~250,000 NRSF.

We try to market to strictly self storage properties but occasionally there will be minor mixed-use elements (i.e. a residential unit, retail spaces, etc.). While we specialize in standard self storage, occasionally there will be contractor unit, RV, and boat storage deals.

Most of the emails you will receive are going to be value-add deals. Stabilized self storage will be included in our deal flow as long as there is still some element of value-add. Value-add includes rental rate increases, operational optimization, expansion, repair, conversion, etc.

We particularly like seller financing and are known to be one of the most creative self storage operators in the industry. Not all deals will be seller financed and if the deal is not presented as seller financed, the topic has been discussed with the seller and rejected.