Storage managers
Absolute Storage Management
Absolute Storage Management, Inc. is a third-party self-storage management company headquartered in Memphis, Tennessee, working for owners and operators of self-storage properties. It also has regional offices in Tampa, Atlanta, and Charlotte.
Owners get a management dashboard operating system and monthly financial statements intended to give a clear view of how a property is performing on both expenses and revenue, plus performance analysis and support for growth. On the tenant side, the company puts a high priority on local and online marketing so units can be priced, reserved, and rented conveniently, and runs online rentals, month-to-month leasing, and a tenant insurance program.
The company was founded in 2002 and grew out of a national self-storage real estate investment trust, starting with three partners and one managed property. It now includes more than 150 facilities and over six million square feet of storage space, and cites more than 50 years of combined self-storage management experience across its team. Managed facilities appear in states including Alabama, Arkansas, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Virginia.
Management fees are not published.
Best for
Self-storage owners in the Southeast and Midwest who want third-party management with monthly owner financials and a performance dashboard, from a company that grew out of a national storage REIT.
What they do
- Third-party self-storage management
- Owner reporting dashboard and monthly financial statements
- Performance analysis
- Local and online marketing for managed facilities
- Online rental and month-to-month leasing operations
- Tenant insurance program administration
- Growth strategy support for owners
- Commercial office space leasing at managed properties
Details
| Attribute | Value |
|---|---|
| Founded | 2002 |
| Other offices | Tampa, FL, Atlanta, GA, Charlotte, NC |
What stands out
- Founded in 2002 and grown from three partners and one managed property to more than 150 facilities.
- Manages more than six million square feet of self-storage space.
- Headquartered in Memphis with regional offices in Tampa, Atlanta, and Charlotte.
- Lists managed facilities in states including Alabama, Arkansas, Florida, Georgia, Tennessee, Ohio, and Virginia.
- Cites more than 50 years of combined self-storage management experience across its team.
Common questions
- Is storage offered month to month?
- Yes. Absolute offers flexible month-to-month rentals. The minimum rental period is one month, though a tenant is free to move out before then, and rent is not prorated for an early move-out. There is no maximum storage period.
- What is needed to rent a self-storage unit?
- A government-issued ID and personal information such as a phone number, email address, and a credit card kept on file. The company recommends calling the specific managed facility to confirm any additional documentation it requires.
- How does moving out of a unit work?
- The exact process differs by facility, but generally the property manager is given ten days' notice, and on the move-out day the unit is emptied and the door left open to show it has been vacated. The property manager can also be notified by email or phone.
- Can a tenant switch to a different unit?
- Yes. If more space or a more compact unit is needed, the facility finds an available unit, the tenant moves in, and the bill is changed accordingly.
- What does the tenant insurance program cover?
- The SBOATI Platinum tenant insurance covers direct physical loss or damage from risks including water damage except where excluded, theft by burglary or forcible entry, vandalism, windstorm, hail, hurricane, tornado, smoke, explosion, falling objects, earthquake, and building collapse. Cash, jewelry, furs, firearms, and animals are excluded, as are wear and tear, flooding, and neglect. Up to $500 of mold, mildew, fungus, bacteria, or rot damage is covered.