Self Storage Loans

Every self storage property is evaluated based on its location, size, occupancy, unit mix, age, gross rental income, as well as other factors. A typical self storage property is underwritten with a vacancy rate determined by its market and an operating expense ratio in the 30-45% range. A typical self storage loan is amortized over 25 year and in some cases the remaining economic life the property can justify a 30 year amortization.

Self Storage Loan Overview

• Loan Amount $500 – $25,0000
• 25 – 30 Year Amortization (based on age and strength of the property)
• Up to 80% LTV, typically around 75% 
• 3,5,7,10 Year Fixed Rates
• Assumable at Lender Discretion
• Flexible Prepayment Options
• Recourse on non recourse options
• Minimal or No Replacement Reserves
• Low third parties costs