WHY SELF STORAGE ?
Self-storage development is a fragmented asset class which often leads to an inefficient marketplace, presenting opportunities that compliment our non-commodity investment strategy.
STRONG ECONOMIC ATTRIBUTES
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Absence of tenant improvement requirements
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High margins with low variable costs
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Negligible exposure to single tenants
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Elastic monthly rents
Self-storage demand is driven by mobility, which
increases during periods of economic expansion and contraction making storage recession resistant.
COMPELLING DEVELOPMENT DYNAMICS
The self-storage industry is currently experiencing and projected to sustain favorable trends to new development, driven by:
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All-time high occupancy levels
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Muted new supply appearing in certain MSAs
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The nation-wide millennial trend towards urbanization
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Growing technological advantages to national operators
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Pricing power and rent rate growth
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Growing per capita usage of self-storage
ABOUT US
BlackMountain Partners, LLC is a real estate investment firm founded in 2017 focused on self-storage development opportunities in the Northeastern United States.
BMP is an affiliate of a family organization with significant investment and development experience across a broad range of opportunistic commercial real estate asset classes. BlackMountain’s team has built a successful track record across multiple market cycles while maintaining core principles of speed, diligence and integrity.