February 20, 2024
On average, 26 million Americans move each year, with 60 percent of those
moves occurring from April through September. This year’s peak season is quickly
approaching–are you prepared for this increase in storage demand?
Despite 2023 having a record low relocation rate, rental rates are still 8.7 percent
above pre-pandemic levels (StoragePug). The relocation decline can be attributed
to a combination of factors, including inflation and housing affordability. That
being said, storage will continue it’s steady incline as we move through these
challenges. Currently, the storage industry is projected to grow by $30 billion
through the year 2027.
If your facility is nearing capacity, don’t worry. You still have time to expand using
relocatable units before the 2024 peak season arrives.
Relocatables are fully custom, easy to install, highly cost effective, and operate just
like a traditional drive-up storage building.
These portable units offer the best of both worlds; they allow facilities to grow at
a record pace while maintaining durability, strength, and longevity. In other
words, a facility does not need to sacrifice quality for speed.
They are not anchored to the ground and can easily be moved via forklift (even
when fully loaded). Because of this, relocatables typically work in situations where
traditional buildings do not. Easements, setbacks, fencelines, site perimeters, and
parking lots are all good candidates for expansion.
Securing relocatables in advance guarantees an array of options for your clients.
So, how do you prepare for peak moving season?
Take Inventory. Assess the number of rented storage units at your facility. Are
you at or near capacity? It may be time to raise rates and add more rentable units.
Scan For Underutilized Space. Identify opportunities to utilize your land more
effectively. There could be a sizable amount of untapped potential.
Maintain Current Units. While you’re taking inventory, conduct thorough maintenance checks on your existing storage units. Ensure that all units are clean,
secure, and in optimal condition for customer use.
Relocatables are fully custom and made-to-order. Don’t wait! Now is the time to
receive a site layout, design your custom units, and place an order.
This year, service your community and build your business with relocatable units.
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