Self Storage
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ABOUT SELF-STORAGE
Self storage, often considered a niche real estate investment, tends to perform better in a recession than many of its peers. Curious why self storage is such a great example of recession proof real estate investing?
Self storage has grown to more than 1.7 billion square feet of space in 2023. Over the span of the last 5 years, 253 million square feet of storage space was built – that's equivalent to 15.3% of the total inventory.
A storage facility can also provide people a safer space to store their valuable belongings securely. Home and office break-ins and thefts do occur and providing a storage unit that has good security measures and insurance policies reduces these occurrences.
Did you know?
73% of all U.S. self storage facilities are owned by small operators. Public companies and REITS own 18% of facilities and the remaining top 100 operators own 9% of facilities.
About Me
Whatever it takes!
Be the example
I am the Principal of Maja Investments LLC and Manes Enterprises LLC, where I invest, underwrite, do market analysis and research for the self-storage industry. I have also participated in due diligence and facility audits. My sole real estate focus is self-storage.
I created Manes Enterprises LLC in 2019, as a business to begin my journey in self-storage while assisting Pinnacle Storage Properties LLC (www.pinnaclestorageproperties.com) with underwriting and acquisitions. I have attended many state and international conferences, storage educational events, meet up groups and seminars (virtual and in person). My goal is to utilize my background in Real estate, operations, and construction to become an owner/operator/investor in the self-storage niche industry. I have learned many facets of the self-storage industry, while assisting Pinnacle storage properties. I was exposed to many opportunities to achieve these goals of ownership.
Prior to self-storage, I have owned, flipped, and rented multi-million dollars’ worth of single-family homes, since the mid 1990’s. In addition, my prior careers were in operations and facilities management with such companies as, Keystone Industries, Stonhard and Multi-plastics.
My background in construction, operations, maintenance, understanding profit and loss, planning, underwriting, and managing facilities has given me the knowledge to be successful in the real estate market.
With partners, I own eight self storage facilities where I am the asset/ construction manager