Investor · Cleveland, OH · Member since 2013 · 38 posts · 10 votes
Hi everyone,
I'm an investor in the Cleveland area that has done a flip, and currently own a double on the west side.
I've now decided to focus on finding my first self storage facility. Who else is in self storage in the Cleveland or surrounding areas? I would love to connect and trade ideas. I know the market is pretty crazy, so I'm currently looking for a smaller mom and pop place to do a value add play, or maybe even a small development project if it makes sense.
I'm looking forward to hearing from those of you already in the field!
There must be some attraction to this space in Cleveland as I have been watching a pretty nice new self storage facility be built on Snow Road in Parma right across from MetroHealth Parma. I don't have an connections to this scene unfortunately, but hopefully someone else does.
I have not yet ventured into self storage, but I have been doing tons of research and it looks like most current facilities are completely booked and new facilities have a 96% success rate because of It. I would love starting to take self-storage much more seriously and get one in my portfolio.