Self Storage Property Tax Appeals

Property Types

• Self storage facilities

• Climate-controlled storage

• Mixed storage facilities

Common Overassessment Issues

• Rapid valuation increases

• Incorrect cap rates

• Market saturation

Valuation Method

• Net operating income analysis

• Occupancy review

• Market cap rates

Documents Needed

• Income statements

• Unit counts

• Occupancy levels

CTA
Free Storage Facility Tax Review