StorTrack’s featured market this month is Corvallis, OR. Corvallis is a city in central western Oregon with a growing population, strong rental demand from Oregon State University, rising incomes, and a diverse economy driven by education, tech, and healthcare sectors.
How is Corvallis as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.
Self Storage Market Metrics for Corvallis, OR
Current Supply:
- There is a supply of 6.80 square feet per capita in this market. For comparison, Oregon’s square feet per capita is 7.50
- Corvallis is home to 12 self-storage facilities, including one REIT, four large operators, one mid-size operator, and six small operators
- There are no new planned development projects in this market, though there are 35 active projects across the state
Rate Trends:
Rates in Corvallis have trended downwards in the last 12 months. The average rate per sq ft for a standard unit is $1.72 and climate-controlled units are currently $1.98
View the Report for Corvallis, OR
Is this a good market for you to invest in? To understand Corvallis’s potential as a self-storage market, view this complimentary report, giving you useful market statistics and metrics.
Additional metrics available with report purchase.
Instant Market Analysis
Get a comprehensive market report for this or any market—visit StorTrack.com. StorTrack’s Explorer platform is the go-to market analysis tool, designed specifically for self-storage operators, investors, and developers.
With Explorer, access in-depth evaluations of primary, secondary, and tertiary markets across the US, Canada, Europe, and the UK. Sign up for free today and start making informed investment decisions with confidence!
1-800-969-7424 | www.StorTrack.com | info@stortrack.com
