{"id":10461,"date":"2023-09-19T16:14:19","date_gmt":"2023-09-19T23:14:19","guid":{"rendered":"https:\/\/blog2.neighbor.com\/storage-blog\/?p=10461"},"modified":"2024-10-30T11:59:14","modified_gmt":"2024-10-30T18:59:14","slug":"annual-income-owning-storage-units","status":"publish","type":"post","link":"https:\/\/www.neighbor.com\/storage-blog\/annual-income-owning-storage-units\/","title":{"rendered":"Average Annual Income from Owning Storage Units"},"content":{"rendered":"\n

I’ve spent over $10,000 in my lifetime on storage (at least). I find it hard to believe that someone on the other side isn’t making some serious profit. <\/p>\n\n\n\n

So, I was curious. Are self storage businesses profitable?<\/em><\/strong><\/p>\n\n\n\n

Let’s dive in and see why owning a storage unit facility can be such a great investment. <\/p>\n\n\n\n

The Consistent Demand to Rent Storage Space<\/h2>\n\n\n\n

Turns out, I’m not the only person who’s spent a pretty penny on self-storage<\/a>. In fact, one in five people in the United States currently rent out self storage units.<\/a><\/p>\n\n\n\n

Here are some other mind-blowing statistics<\/a> on the self storage sector<\/p>\n\n\n\n