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Public Storage has very few employees for a company of its size. Customer access to each storage location is automated. Some locations have on-site property managers residing who are paid close to minimum wage to monitor the facility, without having to pay utilities or rent. [25] [26]
Self-storage rental bins are primarily lockable boxes made from hard plastic suitable for household goods, clothing, shoes, electronics, documents and books. They typically have a capacity of at least 80 liters and a weight limit of approximately 45 kg (100 lb). [3] [4] The storage bins are usually picked up from the tenants' location.
As of March 28, 2024 the company owned and/or operated 3,714 locations in 43 states, and Washington, D.C. comprising approximately 2.6 million units 283.4 million square feet of net rentable space. [2] It is the largest owner of self storage units in the United States [3] and the largest self storage property manager. [4] [5]
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A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square ...
The median value of owner-occupied housing units was $434,300. The median selected monthly owner costs with a mortgage was $2,322 and $791 for owners without a mortgage. The median gross rent was $1,565. 98.8% of the households had a computer and 90.4% had a broadband internet subscription. The median household income was $75,347.
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