The Self Storage Show

The Hidden Cost of Empty Units in Your Self Storage Facility | 3 Minutes with 3 Mile


Listen Later

The most expensive thing at your self storage facility isn’t your property, payroll, or marketing—it’s your empty units.

Every vacant unit is lost recurring revenue, yet many storage owners don’t realize how much money they’re leaving on the table.

For example: 📌 If your average unit rent is $150/month and you have 10 empty units, that’s $1,500 lost every month—or $18,000 per year from just 10 vacancies.

Now multiply that by 20 or 30 units... See the problem?

In this episode of 3 Minutes with 3 Mile, I’ll show you why units stay empty—and the simple steps to fill them faster.

What You’ll Learn:
  • The real cost of empty units (and how much you’re losing)
  • The three biggest reasons your vacancies aren’t filling
  • How to fix your pricing, online rental process, and marketing to attract more renters

📩 Want my Self Storage Occupancy Playbook? Email me at [email protected] with the subject line “Send Me the Playbook”, and I’ll send it to you for free.

Need Help Filling Units?

At 3 Mile Storage Management, we help self storage owners increase occupancy, improve marketing, and maximize revenue. Book a free consultation at www.3milestorage.com.

...more
View all episodesView all episodes
Download on the App Store

The Self Storage ShowBy Jim Ross - 3 Mile Storage Management

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

41 ratings


More shows like The Self Storage Show

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,824 Listeners

The Dan Bradbury Podcast by Dan Bradbury

The Dan Bradbury Podcast

5 Listeners

Hacking Self Storage by Dean Booty

Hacking Self Storage

3 Listeners

Self Storage Income by AJ Osborne

Self Storage Income

576 Listeners

Self Storage Investing by Scott Meyers, Stories and Strategies

Self Storage Investing

38 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

239 Listeners