CubeSmart: Income, Growth, And Technology Within Self-Storage

Mar. 13, 2023 9:00 AM ETCubeSmart (CUBE) StockCUBE3 Comments

Summary

  • CubeSmart is growing its presence within the self-storage REIT space.
  • The self-storage sector is rather recession-proof in many ways and the business model is quite attractive.
  • CubeSmart and their technological advances have made headway with younger customers.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT on Alpha. Learn More »
Numbered self storage and mini storage garage units III

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Self-storage is a sector that has stood the test of time regardless of the economic backdrop. The sector also has plenty of tailwinds due to the decreasing size of the average home. Although home size may decrease, the amount of stuff Americans buy

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This article was written by

10.32K Followers

Mark Roussin is an active Certified Public Accountant (CPA) in the state of California. Mark has worked as a CPA, serving both public and private Real Estate corporations for over 10 years. Today, he provides his followers insights to both undervalued dividend stocks mixed with high-growth opportunities with a goal of them reaching financial freedom in the long-term. Mark tends to invest primarily in dividend stocks with a strong emphasis on Real Estate Investment Trusts (REITs).

Mark has partnered with iREIT®+HOYA Capital, one of Seeking Alpha's top investing groups for income-minded investors, providing daily in-depth REIT research. The service boasts a community of like minded investors and offers access to iREIT's various portfolios that can be tracked in real-time. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of PSA, CUBE either through stock ownership, options, or other derivatives. 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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