Self-Storage Average Turnover Assumption

Hello,

I was wondering if anyone had a baseline assumption (maybe something the Public REITs report) for an average turnover rate to use in self storage? I know there are little to no "turnover costs" but I wanted to know if anyone knew a standard assumption for turnover. Is it 25% of units? 10%? Etc.

Thanks!

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Authored by: Certified Real Estate Professional - Assistant Vice PresidentCertified Real Estate Pro

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Self-Storage Average Turnover Assumption

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