We acquire self-storage properties across the full spectrum of asset types, sizes, and conditions — in any market in the United States.
Indoor climate-controlled facilities with temperature and humidity regulation. Single-story, multi-story, and elevator-served buildings. All unit mixes, building ages, and occupancy levels.
Ground-level drive-up facilities — the backbone of the storage industry. Any age, any condition, any number of units. Metal buildings, concrete block, or mixed construction.
Covered, uncovered, and enclosed boat and RV storage. Outdoor parking lots with or without canopies, fully enclosed units for high-value vehicles, and mixed facilities with traditional units.
Car storage, fleet parking, and specialty vehicle facilities. Gated and ungated, paved and gravel. We evaluate based on location, demand density, and conversion potential.
Facilities that combine traditional self-storage with other revenue streams: retail showrooms, office space, light industrial, or vehicle storage. We value each component and the whole.
Former retail buildings, warehouses, or industrial properties that have been — or could be — converted to self-storage. We buy partially converted facilities and properties with conversion potential.
Our self-storage acquisition program is truly nationwide. No market is too small or too far away.
Whether your storage facility is in a major metro area or a rural county, in the Sun Belt or the Pacific Northwest, we want to hear about it. Transition Properties evaluates and acquires self-storage properties in every state in the country.
We've built relationships with lenders, title companies, inspectors, and storage-specialized property managers in markets from coast to coast. Our underwriting process is consistent regardless of geography — we analyze every facility with the same institutional-grade rigor. If the numbers work and the fundamentals are sound, we move fast to close.
Many storage facility owners assume they need a local buyer. They don't. Our team travels to inspect properties, and we have the operational infrastructure to manage facilities anywhere in the United States. What matters to us is the asset — the unit mix, the market dynamics, the upside potential, and the deal structure — not the zip code.
We're storage-focused buyers, not generalist brokers. That means faster evaluation, smarter underwriting, and certainty of close.
Selling directly to us saves you the 4–6% broker commission that comes with a brokered transaction. On a storage facility, that savings alone can be tens of thousands of dollars or more.
Roof leaks, rusted doors, cracked asphalt, outdated access systems — none of it stops us. We buy storage facilities in their current condition and handle all capital improvements after closing.
Most brokers market your facility based on trailing 12-month numbers. We underwrite to the facility's stabilized potential — factoring in rate increases, occupancy improvements, and operational upgrades we can implement.
We know what to look for in storage. Our diligence is fast because we've done it before — unit audits, rent rolls, market analysis, and physical inspection. No wasted time learning the asset class mid-deal.
When we go under contract at a price, that's the price we close at. We don't use the inspection period as an excuse to chip away at the number. Our reputation depends on certainty of execution.
All-cash, seller financing, master lease with option, or a hybrid — we tailor the deal structure to fit your goals. Need to close in two weeks? Done. Want seller financing for tax deferral? We can do that too.
Brokers have their place, but selling directly to a principal buyer offers distinct advantages.
When you list a storage facility with a broker, the process typically takes 6–12 months. You prepare an offering memorandum, field tours from tire-kickers, wait for letters of intent from buyers who may or may not have the capital to close, then navigate a due diligence process that often ends in a re-trade or a dead deal. All while paying a 4–6% commission when it finally closes.
Selling directly to Transition Properties shortens that timeline to weeks, not months. We provide proof of funds upfront, make offers based on our own underwriting (not a committee), and close with our own capital or established lending relationships. There's one decision-maker, one set of due diligence, and one closing — with no commission to pay.
That said, we work with brokers regularly and honor existing listing agreements. If you're already represented, we're happy to cooperate. But if you haven't listed yet and want to explore a direct, off-market sale, you may find that our process is faster, simpler, and nets you a similar or better result.
Purpose-built for storage transactions. Fast, transparent, and reliable — regardless of where the property is located.
Fill out the form or call (239) 766-6978. Share the address, unit count, occupancy, NOI, and asking price. We'll pull market data and start our evaluation.
We analyze the rent roll, market comps, physical condition, expansion potential, and competitive landscape. Within 48 hours, you receive a preliminary offer or a request for additional information.
After LOI execution, we conduct focused inspections, environmental review, title work, and financial audit — typically complete within 14–21 days. No surprises, no re-trades.
We close at a title company with funds wired on the agreed date. You hand over the keys and walk away with your proceeds. The entire process from first call to closing can happen in under 30 days.
See all of our commercial acquisition services or learn how it works.
Whatever's driving the decision, we've helped storage owners across the country in your exact situation.
Occupancy has plateaued below where you need it to be. Maybe the market shifted, competition moved in, or the marketing just isn't there. We buy facilities with occupancy upside and handle the lease-up ourselves.
The facility needs roof work, door replacements, resurfacing, security upgrades, or structural repairs. The capital expenditure list is long and expensive. We buy as-is and take on the full renovation.
You've been running the facility yourself for years and you're done. The late-night calls, the delinquent tenants, the lien auctions, the constant operational grind. A cash sale lets you walk away and reclaim your time.
You inherited a storage facility you don't want to manage. We buy estate-owned storage properties and work with personal representatives, attorneys, and heirs to make the process smooth.
After years of building and operating, it's time to cash out. We provide a clean exit with a fair price, fast close, and none of the months-long uncertainty of a brokered sale process.
We also buy mobile home parks, multifamily, industrial & warehouse, and all types of commercial real estate.
Straightforward answers for storage facility owners considering a direct sale.
We value storage facilities primarily on net operating income (NOI) and the prevailing cap rate for the market and asset class. Beyond the headline numbers, we evaluate physical occupancy versus economic occupancy, street rates compared to actual collected rates, unit mix, expansion potential, lot size and zoning, competition within the trade area, and the physical condition of buildings, roofs, doors, and access systems. For underperforming facilities, we underwrite to the stabilized value — meaning we factor in the upside we can achieve through rate optimization, occupancy improvements, and operational upgrades. This often results in a stronger offer than what you'd see from a buyer pricing strictly on trailing numbers.
No. We buy storage facilities at all occupancy levels — from fully leased Class A facilities to significantly vacant properties that need a complete turnaround. Stabilizing occupancy takes time, capital, and marketing expertise. If you'd rather exit now and let someone else do the heavy lifting, we're happy to acquire the facility in its current state and handle the lease-up ourselves. We price accordingly and there are no surprises.
Yes — underperforming facilities are actually a core part of our acquisition strategy. Vacant and underperforming units represent upside that we can capture through better management, marketing, rate optimization, and operational improvements. Many of the facilities we acquire have significant unrealized value that the current owner simply hasn't had the time, capital, or desire to pursue. We evaluate every deal on what it could achieve, not just what it's doing today.
We buy storage facilities in any condition. Roof replacements, rusted or broken doors, cracked and potholed parking surfaces, outdated security and access control systems, drainage problems, code compliance issues — we factor all necessary capital expenditures into our offer and handle every improvement after closing. You don't need to spend money getting the facility "sale-ready" before talking to us. In fact, the sooner you reach out, the sooner you stop sinking capital into a property you want to exit.
We typically close on storage facility acquisitions in 14 to 30 days from executed contract, depending on title complexity, environmental review, and the scope of due diligence. For straightforward deals with clean title and readily available financials, we've closed in as little as two weeks. We provide proof of funds upfront, don't condition on financing, and don't re-trade after contract execution. When we go under contract, we close — on time and at the agreed price.
Yes. We acquire self-storage facilities in all 50 states. Our underwriting process doesn't change based on geography — we analyze every deal with the same rigor whether the facility is in Florida, Texas, Ohio, California, or anywhere in between. We've built relationships with lenders, title companies, inspectors, and storage-specialized property managers in markets across the country. If the asset fundamentals are sound and the deal makes sense, we move fast to close regardless of location. No market is too small or too large for us to evaluate.
Get a confidential, no-obligation evaluation within 48 hours. Owners and brokers welcome, any state.