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Turnaround Playbook — 4 Steps to Revive a Storage Facility

See the exact steps we used to transform an underperforming $6.5M facility into a $13.5M success — without adding a single square foot.

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In this comprehensive guide, you'll learn:

How to identify and implement the right software for your business needs

Tips for seamless integration and user adoption

Strategies to boost productivity and efficiency

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Why This Playbook Matters

Many facilities look fine on the surface, but are quietly leaving money on the table. Without the right plan, owners miss opportunities to improve occupancy, increase NOI, and build real value.

By using this playbook, you’ll see how to:

  • Identify underperformance that isn’t obvious at first glance
  • Remove delinquency and stabilize occupancy
  • Upgrade your property in ways that boost trust and pricing power
  • Add new income streams that grow NOI year after year
  • Implement steady rent increases that compound value

It’s practical, proven, and built from real results in the self-storage business.

Why choose NexGen?

With over a decade of expertise in providing top-notch software solutions, we offer tailored solutions to fit your specific business requirements and provide dedicated customer support to ensure your success.

Why Smart Owners Use These Steps

Every great storage turnaround starts with a simple plan. The difference between a facility that stagnates and one that doubles in value is execution.

This guide shows you the same steps we used to take one property from $6.5M to $13.5M in seven years — with no expansion.

You’ll learn:

  • How to reset occupancy by clearing out non-paying tenants
  • The right level of capital improvements to attract better renters
  • Ways to add income through U-Haul, retail, and insurance
  • Why consistent rent increases drive long-term property value
  • How NOI growth and cap rate compression create massive gains

Whether you’re buying, repositioning, or managing a facility, this guide gives you a roadmap you can apply today.

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Ready to Take Your Business to the Next Level?

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