The Hidden Cost of Empty Units in Your Self Storage Facility | 3 Minutes with 3 Mile
Description
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 jim@3milestorage.com 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.
United States
