12 Best Self Storage and Apartment Stocks to Invest In

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9. CubeSmart (NYSE:CUBE)

Number of Hedge Fund Holders: 26

CubeSmart (NYSE:CUBE) is a self-administered and self-managed real estate investment trust (REIT) that owns, develops, acquires, and manages self-storage facilities in the United States. As one of the top self-storage companies in the country, it owns or manages more than 1,500 self-storage properties and serves both residential and commercial customers. CubeSmart (NYSE:CUBE) ranks among the best self-storage stocks to invest in.

The company is strategically focused on disciplined capital allocation while pursuing growth opportunities in the self-storage industry. By the end of the third quarter of 2024, CubeSmart (NYSE:CUBE) had successfully added 131 stores to its third-party management platform. This marked the 8th consecutive year of adding 130 or more stores. In addition to this, CubeSmart (NYSE:CUBE) is developing self-storage properties in high-barrier-to-entry areas. The company has 2 joint ventures under construction in New York, which are expected to open by Q3 2025.

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