Our Mission
Deliver exceptional returns to our investors by strategically identifying, acquiring, and optimizing self-storage assets. We are committed to excellence and strive to provide secure and efficient storage solutions while fostering financial prosperity and long-term value for our investors.
5050 Storage Partners has a proven track record having successfully completed over $200 million in self-storage transactions and managed over 12,500 units since 2015.
At the core of 5050 Storage Partners’ strategy is our commitment to acquiring stabilized existing assets in smaller markets. We recognize the unique opportunities that these markets present and leverage our extensive experience to unlock their full potential. By focusing on assets with a solid foundation, we aim to provide stable returns to our investors while contributing to the growth and efficiency of our portfolio.
MANAGEMENT
Our assets are managed under our flag “StorMark Self-Storage” which is our in-house property management company. StorMark utilizes cutting-edge technology to manage our facilities. Tenants may choose and move into their new unit without ever speaking with a property manager. Tenants also have the ability to connect with one of our friendly in-house contact center agents if additional support is needed. We also utilize a dynamic pricing model that sets rental rates on a daily basis depending upon supply and demand. As sponsors we believe that in-house management is critical to our success as no one will care more about the asset’s performance than ourselves.
CONTRUCTION
Storage Construction Management is our in-house construction company and was created to better streamline our projects. Since the bulk of our acquisitions are located in smaller markets we found it difficult to find contractors who provided an end product that represented our goals. By bringing construction in-house it provides us the ability to deliver projects on time, on budget and up to our quality standards.
ACQUISITION
We employ a strategic approach to self-storage acquisitions. By utilizing in-house and 3rd party data we can identify the best self-storage assets and the best markets. Since self-storage is more operational focused than other real estate assets classes, we leverage our knowledge from managing our own assets. This provides us with the ability to better acquire, as we have real insight into trends in real time. At our core we are pro-forma cap rate buyers.
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