Self Storage Loans From $1,000,000+

Self Storage Loan Rates - Rates updated 07-15-2019

Loan Product Rates (start as low as) LTV Amortization
5 Year Fixed 3.98% Up to 75% Up to 25 years
7 Year Fixed 4.06% Up to 75% Up to 25 years
10 Year Fixed 4.17% Up to 75% Up to 25 years
Self Storage Commercial Mortgage Self Storage Commercial Mortgage

We are pleased to offer self-storage loans for the purchase or refinance of self storage properties nationwide. Select Commercial specializes in self-storage and mini-storage financing. Self storage is an industry where rooms, lockers, containers, and/or units are rented on a short term basis to individuals and businesses, usually on a month-month basis. Most self storage customers use self storage facilities when faced with a death in the family, a divorce, a relocation, or when faced with downsizing. These units provide temporary storage until the renter is able to move the items to a more permanent location. Self storage locations often contain three types of storage: regular inside units, climate controlled units (heated and air-conditioned), and outdoor storage for boats and vehicles. Units are locked, allowing the renter privacy and protection from theft. Units are most often windowless, constructed of corrugated metal, and contain roll-up doors for easy access. Many of these properties are contain security guards and/or security cameras for customer safety. Many self storage owners like these properties because management is relatively easy and expenses can be kept to a bare minimum, as most self storage properties don’t require lots of utilities or management. Self storage properties can be found these days in almost all urban, suburban, and rural locations. Let us help you start, purchase, refinance or grow your self storage business! Our minimum loan size is $1,000,000.

Our Commercial Real Estate Loan Benefits

Self Storage Loan Rates start as low as 3.98% (as of 07-15-2019)
• No upfront application or processing fees
• Simplified application process
• Up to 75% LTV (90% with SBA)
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation

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