Storage Unit Economics

Occupancy ramp, price per square foot and staffing

Multiplying the number of storage units by a monthly price produces a headline that misleads almost everyone who looks at self-storage. This book explains the true economics. It translates the language of the sector into the few numbers that matter, including occupancy, price per square foot and staffing, and shows where to find the data you need without buying an expensive market report. You will learn why building income on optimism, including an unrealistic occupancy ramp, is the most common way to lose money, and which costs beginners are simply blind to. The model is stress-tested against a bad month, empty units and a rate rise. A complete worked example runs one imaginary store from the first pound of income to the final margin, and the final chapter helps you build a one-page calculator and names the legal questions it cannot answer. Next in this series: “Planning, Fire and Operating Rules”.

What’s inside

• The only numbers that actually matter
• Where to find reliable local data for free
• Working out true income, not optimistic income
• The full cost stack nobody mentions
• Stress-testing for the bad month, the void, the rate rise
• A complete worked example, start to finish
• Your deal calculator, and the legal questions it cannot answer

Educational material only, not financial, legal or tax advice. Results are not typical and are not a guarantee of income. Freedom Property Academy LTD, registered in England and Wales.