Best Hudson Valley Locations for Self-Storage Investments
For those considering investing in self-storage, location is a critical factor. Hudson Valley towns like Kingston, Middletown, and Newburgh have high demand and lower-than-average vacancy rates, making them prime locations. In the U.S., demand for storage space averages 7.8 square feet per person, while areas like Kingston currently have a deficit, creating additional opportunities.
National and Local Data on Self-Storage According to industry data, self-storage facilities in suburban areas like Hudson Valley often reach over 90% occupancy within the first two years of operation. In Newburgh, rental rates per square foot exceed the national average of $1.18, driven by demand from both residential and commercial clients.
Top Hudson Valley Markets for Self-Storage
Kingston – Increasing residential population and limited housing space make this an attractive market.
Poughkeepsie – Proximity to NYC boosts storage needs for urban transplants.
Middletown – The growing business district has increased demand for commercial storage.
Conclusion Investing in Hudson Valley self-storage facilities in these towns offers access to high demand and solid growth potential.
Sellers and Investors: If you’re interested in exploring self-storage investment opportunities or selling an existing facility, Birchwood Property is here to support your goals. Contact us to get started.