Get a Commercial Mortgage for Self Storage Property
A self-storage property is a warehouse subdivided into a mix of smaller units, each of which is rented out for the storage of personal items or business inventory.
There are approximately 46,000 self-storage properties located in the United States. Storage units are rented to tenants, usually on a short-term, month-to-month basis.
To classify as a self-storage property, the individual units of the warehouse must be divided in a secure manner (not merely by chain-link fence).