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9 contributions to StorageAce
Another facility with the same name?
Curious to get some input from the gang here .. we're under contract on a facility and there is another site about 3 miles away with pretty much the same name as we use. Technically we're Sunshine Self Storage and they're Sunshine Storages and their website shows they sell portable buildings, metal buildings (RV parking/cover), and appliances of all things. If someone looks closely they'll be able to tell we're different but this other company will still show up in a storage search and may be confused with us. The LLC is named differently so we won't have a conflict there. Would you move forward with your own brand in this situation or go for a slightly different version to avoid the confusion? Look forward to hearing from y'all!
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Wholesale opportunity - 47K NRSF | 300+ units
Looking at potentially assigning a storage opportunity due to a shift in capital allocation. -47K NRSF | 300+ units $1.59M ($34/SF) — well below replacement cost -Strong TX tertiary market with 125K population and growing, supported by a large military base - Large gap between in-place and market rents - Closest competitor is fully occupied - No marketing presence / no online rentals This is a value add with a healthy upside Stabilized potential: ~$260K NOI ($4M value @ market cap) If this fits your buy box, text me at 720-792-5454 and we can coordinate a time to talk through details.
1 like • Apr 10
@Michael Moran no it does not, it is distressed with low occupancy so it will be a big turnaround project.
1 like • Apr 10
@Michael Moran too much to share here but happy to spend some time over Zoom just drop me a text
Introduction
Hi everyone. Just wanted to introduce myself. I’m located in Denver, CO and am new to storage looking for my first deal. I was on this week’s Tuesday call but didn’t get a chance to say hi. Planning on being on most calls from now on.
2 likes • Apr 10
Welcome @Greg Kleen ! I'm in Denver as well if you're up for local networking
Painting
Anyone have painting done recently and have a recent quote they can share on price per sf?
0 likes • Feb 17
Another national company I've heard of (not used myself) is below https://storagepainting.com/
Insurance
We are making it a requirement for all tenants to opt into our TPP but how do you handle tenants who have 2, 3, or even 4 units - do you make them insure ALL of their units? Thats a significant bump every month .. instead of just $12/mo on one units it would be $48 for all their units.. yikes.
2 likes • Jan 29
Good question - curious to hear the feedback on this! Did you ever get an answer? Seems like they'd have the cost per unit ..
1-9 of 9
Jake Marsh
2
9points to level up
@jake-marsh-7225
New to the SMMA space looking to learn!

Active 1d ago
Joined Apr 4, 2025
Denver
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