National Storage Affiliates: Leave Some Buying Power For This Self Storage Bargain

Summary

• National Storage Affiliates is a leader in the self storage industry with an interest in over 1,000 properties located predominantly in the top 100 MSAs.
• The portfolio has grown significantly in recent years, resulting in outsized returns over their competitors.
• A high degree of fragmentation in the industry presents an attractive opportunity for further expansion into their top operating markets.
• With their share price performance trailing both their peers and the broader markets, the stock has presented an attractive opportunity to investors seeking both upside and dividend growth.

GaryMuth

National Storage Affiliates Trust (NYSE:NSA) is a real estate investment trust (“REIT”) that operates in the self storage industry predominantly within the top 100 metropolitan statistical areas (“MSAs”) throughout the United States.

Since its founding, the company has significantly

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.