Saying that something is a good investment typically means that it is beneficial in one way or another. The time you put into house-training your new puppy is a good investment because it means your house will stay clean and fresh-smelling and you won’t have to clean it more often than you have to. Then there is the more literal meaning of a “good investment,” which means that actually investing money into something gives you low risk and high returns. And, wouldn’t you know it, self-storage is a good investment figuratively as well as literally!
According to the San Francisco Chronicle, the best real estate investment over the last 10 years was not five-star resorts or office towers, but self-storage! Not only is self-storage a good investment for the people who rent the unit, but also for actual investors. Self-storage companies produced the best risk-adjusted return when compared with 10 U.S. real estate investment trust indexes. With their steady cash flow growth and low debt ratios, self-storage companies attracted many investors. One of the main reasons self-storage companies are so attractive to investors is the same reason self-storage is a good investment for consumers: they provide a consistent and valuable service.
Self-storage is used by small businesses and individuals alike for a variety of reasons, including to store furniture during a move, to store weekend toys during the week, to save memorabilia, to keep products for shipment, to store holiday decorations, and many other reasons. Self-storage is not seasonal; it provides a valuable service all year-round.
If you think it’s time that you took advantage of the services a self-storage company has to offer, look no further than STORBOX Pasadena Self Storage. We would be glad to help you find the storage unit that best fits your needs. Call us today at (626) 793-9888 to learn more! And feel free to browse our facility through our video tour: