The COVID-19 pandemic has been a massive disruption to the US and global economies. However, as in all economic crises, opportunities lie ahead. COVID has and will likely forever change the way Americans work and socialize, and so the need for commercial real estate properties will change along with that.
The “clustering” of units under one roof affords you the advantages of redundant sources of income, while only managing/overseeing one building; this is distinctly advantageous over SFRs, where you must manage one building for every one income stream.
Self-storage brings many of the advantages of MFR (Multi-family) properties and even less of the headaches, since there are no tenants living on site. According to the National Association of REIT, the average annual return for self-storage was 17.43% over a 25-year period (1994-2017)