1. Introduction The self-storage industry has evolved from a niche real estate segment into one of the most resilient and attractive asset classes within the broader commercial property market. Over the past two decades, changing lifestyles, urban expansion, rising mobility, and increasing vehicle ownership have contributed to steady demand for storage solutions across residential and commercial markets. Traditionally associated with personal storage units, the industry has expanded significantly to include outdoor RV storage, boat storage, contractor vehicle parking, fleet storage, and climate-controlled facilities. Today, self-storage businesses serve a wide range of customers including homeowners, small businesses, contractors, recreational vehicle owners, e-commerce operators, and seasonal travelers. One of the key reasons self-storage has become increasingly popular among real estate investors is the relatively simple operating model combined with recurring monthly revenue potenti...
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