StorTrack’s featured market this month is Aloha, OR. Aloha is a census-designated place and unincorporated community in Washington County, Oregon. Aloha is served by the Beaverton and Hillsboro school districts.
How is Aloha as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.
Self Storage Market Metrics for Aloha, OR
Current Supply
The square feet per capita in this market is 1.39. For comparison, Oregon’s square footage per capita is 9.57. Of the 2 self storage stores currently operating in Aloha, one of them is operated by a REIT. There are currently no planned development projects in this market, though there are 26 active projects across the state.
Rate Trends
Rates in Aloha have trended upwards in the last 3 months, by 13.99%. The average rate per sq ft for standard, non-climate-controlled units is currently $2.65 and $2.82 for climate-controlled units.
View the Market Report for Aloha, OR
Is this a good market for you to invest in? To understand Aloha’s potential as a self-storage market, view this free report, giving you useful market statistics and metrics. Additional metrics available with report purchase.
To purchase a full market report for this or any other market, go to explorer.stortrack.com. Explorer is StorTrack’s market analysis platform for self-storage operators, investors and developers. Explorer is available for the evaluation of any primary, secondary and tertiary market in the US, Canada and the UK. Sign up for free to start evaluating self-storage markets.
