Top Hudson Valley Locations for Self-Storage Investment in 2024

Location is crucial for self-storage profitability, and cities like Kingston, Newburgh, and Middletown offer prime opportunities. With a national average occupancy rate of 91% for self-storage facilities, Hudson Valley areas are outperforming due to high demand from residential and business customers alike. Kingston’s rental rates, for instance, have risen by over 6% year-over-year as storage needs climb.

Looking to invest in high-demand self-storage areas in the Hudson Valley? Birchwood Property has the local expertise to connect you with the right opportunities. Contact us today to learn more.

Previous
Previous

Beacon: A Prime Market for Art Galleries and Studios

Next
Next

Understanding Restaurant Lease Agreements: Key Points to Consider