When EXP Realty took over a pen and paper storage operation, they knew there was a better, more modern approach to running a storage facility. They turned to Storable’s platform of powerful technology and found success. The Challenge: Eliminating Busywork and Missed Opportunities After purchasing a couple of storage facilities that were managed using pen and paper, Frazier Robison of EXP Realty became quickly overwhelmed by the volume of tedious tasks necessary to manage day-to-day operations. He and his business partner knew there had to be a better way to…
Category: Resources
The Importance of Cloud Access Control
A cloud-based, gate access control system can be connected to a self storage facility’s gates as well as doors to any buildings. The older style of gate access requires a computer to be onsite so it can run a copy of the software locally. With this comes issues that are resolved by cloud access control. The following demonstrates why cloud access is a better option. Automatic Updates Cloud access control facilitates instantaneous changes and allows for automatic updates. For example, you can set your gate up to automatically lock out…
Advantages of Self Storage Franchising Opportunity: Flexibility and Convenience for Everyone
The portable self storage industry offers consumers a storage solution that is convenient to them and it offers investors a flexible franchise opportunity in a growing field with increasing demand. Consumers want items delivered these days. It is evident in the rise of food-delivery apps like DoorDash and Uber Eats and in the fall of brick-and-mortar retail businesses that have struggled to keep up in the age of Amazon doorstep delivery. The portable self storage industry recognizes this change in consumer behavior and has evolved self storage to meet demand.…
The Overlooked Benefits of an Operator-Facing Mobile App
The self storage industry has seen an increased demand for tenant facing mobile-apps in recent years, which was only accelerated by the COVID-19 pandemic. However, the benefits of mobile apps aren’t limited to consumers, as operator-facing mobile apps are also important when it comes to improving customer service in several important ways. Customer-facing apps give tenants seamless access to your facility, but an operator-facing facing app is just as crucial for ensuring a frictionless on-site experience. By leveraging cloud-based technology, an operator-facing mobile app gives operators the ability to respond…
Fourth Quarter 2020 and Year-End Review for Absolute Storage Management
Absolute Storage Management (ASM), a leading private, third-party management company for self-storage facilities in the United States, announced operating results for the three months and year ended December 31, 2020. 2020 Highlights for Three Months Ended December 31, 2020: • Increased same-store revenue by 4.2% compared to the same period in 2019. • Reported same-store square foot occupancy of 91% as of December 31, 2020 compared to 87% as of December 31, 2019. • Acquired five (5) management contracts: three (3) operating facilities and two (2) facilities after construction. •…
Get More Website Conversions with Facebook Ads
As businesses continue to recover from the pandemic, attracting new customers is a top priority for many. At Vivial we often talk about social media’s value and its ability to build awareness and drive engagement with your target audience. But did you know that Facebook Ads are also an excellent tool for increasing conversions and bringing in new leads through your website? Let’s break it down and discuss exactly what a conversion ad is and share examples of how conversion ads can be used. What Is a Conversion Ad Objective?…
New Management for Self Storage Facility in Saint Peters, MO
Local acquisition of Steward Self Storage is bringing professional self storage management to city of Saint Peters. St. Peters Self Storage LLC purchased this facility for an undisclosed price in mid-December 2020. Steward Self Storage provides non-climate controlled storage units to the local community of St. Peters, serving the surrounding businesses and neighborhoods. The facility is comprised of 350 total units totaling 48,300 rentable square feet. St. Peters Self Storage LLC has partnered with Absolute Storage Management (ASM) to provide professional self storage management for Steward Self Storage. ASM began…
New Management for Self Storage Facility in Murfreesboro, TN
Local acquisition of Walter Hill Storage is bringing professional self storage management to city of Murfreesboro. Local buyers of WH Storage Partners, LLC purchased this facility for an undisclosed price in late December 2020. Walter Hill Storage provides non-climate storage units and uncovered parking to the local community of Walter Hill, serving the surrounding businesses and neighborhoods. The facility is comprised of 360+ total units totaling 43,425 rentable square feet. WH Storage Partners, LLC has partnered with Absolute Storage Management (ASM) to provide professional self-storage management for Walter Hill Storage.…
New Management for Self Storage Facility
Local acquisition of Handy Mini Storage is bringing professional self-storage management to city of Wynne, AR. Wynne Properties Group, LLC purchased this facility for an undisclosed price in mid December 2020. Handy Mini Storage provides non-climate and climate controlled storage units along with uncovered parking to the local community of Wynne, serving the surrounding businesses and neighborhoods. The facility is comprised of 600+ total units totaling 96,350 rentable square feet. Wynne Properties Group, LLC has partnered with Absolute Storage Management (ASM) to provide professional self-storage management for Handy Mini Storage.…
How Can First-Time Storage Buyers Compete?
The self storage market is hot! With strong performance during 2020 and the global health pandemic, storage has been stealing headlines as one of the most desired asset classes. Owners have seen occupancy remain steady, rent collection stay high and revenue grow. The attention on self storage has attracted groups both large and small to the industry in search of their first property. The reoccurring question I receive is how can we compete or what will it take to buy our first deal? I will share below the best practices…