The Risks Of Investing In Self-Storage
The Common Pit Falls of Some Self-Storage Facilities
Upon a quick review of self-storage facilities, many appear to be the same. They offer a variety of storage space sizes with indoor and exterior access. They have an onsite office, and there is a staff member at the facility to meet new customers and process a rental agreement. Tenants come and go through a main gate access point, and everything looks acceptable to potential renters. However, shortly after moving their possessions into the facility, they discover:
- There is a high crime rate in the facility
- People and their pets are living in the storage units
- The storage spaces are being used for illegal activity
- The structures are poorly constructed and can leak, experience humidity issues, or failures of the climate control systems
If you have explored the world of mom-and-pop storage facilities, tenants face these common hazards and concerns. However, they chose to rent from these establishments instead of doing business with a professional storage facility that was carefully and professionally constructed by Legacy Built.
How We Avoid the Common Pit Falls of Self-Storage Facilities
At Legacy Built, we are investing in a facility that will serve customers flawlessly for years or even decades. Our construction process meets or exceeds the highest standards of the Tucson, AZ, building code and that of any other community where we build a self-storage facility. In addition, we install the latest technology to ensure the safety of our customers, their possessions, and the community surrounding our facility.
Durable perimeter fencing, keypad access-controlled entry gates, motion sensors, surveillance cameras, and quality locks are all utilized to ensure our facilities are safe and secure. These systems stop unwanted access to the facility, prevent the criminal element from using the facilities, and provide monitoring to ensure that no one remains in the facility after hours or make it a temporary living space. In addition, we use the same level of cutting-edge technology and redundant systems to ensure that the HVAC systems maintain the spaces as promised to our renters.
If you have heard that investing in self-storage can be lucrative, you have reliable information. However, please know that the choice of investing with Legacy Built is as critical as your decision to enter this industry. Every aspect of our service to investors and self-storage renters is superior, making our business a win for everyone who chooses the best, Legacy Built.