Coventry Lake, CT self-storage market

Population 2,647. Passes the self-storage screen with 23 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
23 / 100Pass

Passes the screen

0Population 2,647: in the 2,000 to 20,000 scope
+25Income $73k: $70k+, best
+8Population +4.6% since 2015-2019: growing 2% to 10%, good
0Renters 13.9%: under 20%, low
-1023 storage facilities within 10 mi (7 chain): 11+, penalty
-107 chain or REIT facilities within 10 mi
+10Supply 7.1 sq ft per person (582,672 sq ft / market population 82,000, 91% of facilities sized): 7 to 8.5 sq ft, good
23Total, out of 100
Storage sq ft per person, 10 miles
7.1
Estimated building sq ft of every facility within 10 miles, divided by everyone living within 10 miles. Under 7 is undersupplied; over 10 is crowded. 91% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,647
Residents of the Census place, ACS 5-year 2020 to 2024. 82,000 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$73,224
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
13.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
23
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 7 of them are chains or REITs.
Facilities whose nearest town is Coventry Lake
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Coventry Lake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Bolton Self StorageCoventry Lake, CTIndependent2MembersMembersMembersMembers
Coventry Self StorageCoventry Lake, CTIndependent140MembersMembersMembersMembers
LocalStorageCoventry Lake, CTIndependent30MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 3 of 3 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Storrs CT5 mi-40 / 100Fail
Willimantic CT8 mi15 / 100Pass
Rockville CT9 mi-10 / 100Fail
Crystal Lake CT11 mi-19 / 100Fail
Stafford Springs CT13 mi-34 / 100Fail
Colchester CT14 mi42 / 100Pass

Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check

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