1784 Capital Holdings
1784 Capital Holdings (operating as 1784 Holdings LLC) is a Scottsdale, Arizona-based private real estate developer that builds, owns, and operates Class A self-storage facilities in major US MSAs, with 40+ properties across 15+ states, a multi-family portfolio in North Dakota, and planned expansion into the United Kingdom.
- Company typePrivate
- Founded2012
- HeadquartersScottsdale, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What 1784 Capital Holdings does
1784 Capital Holdings (operating as 1784 Holdings LLC) is a Scottsdale, Arizona-based private real estate development company founded by Shane Albers in 2012. The firm develops, constructs, and owns Class A self-storage facilities in major US Metropolitan Statistical Areas with high barriers to entry, alongside a smaller multi-family apartment portfolio in North Dakota's Bakken energy region and a solar project subsidiary in Canada. Its core product is ground-up self-storage development, with facilities typically ranging from 70,000 to 130,000 net rentable square feet and 700 to 1,200+ units, frequently featuring climate-controlled environments, RV/boat storage, and enhanced security.
The company operates an asset-light operating model: 1784 retains ownership and handles site selection, entitlements, construction, and capital structuring, while leasing and day-to-day operations are outsourced to established third-party operators including Extra Space Storage, Life Storage, StorageMart, and StorEZ. Revenue is generated through recurring monthly self-storage and apartment rental income, supplemented by selective asset dispositions (e.g., the March 2021 sale of Hunt Highway Self Storage). Capital is sourced primarily through project-level real estate debt, with notable facility loans from White Oak Real Estate Capital ($27.2M in July 2025) and a REIT bridge loan arranged by Talonvest Capital ($41.25M in December 2024).
The platform currently spans 40+ facilities across 15+ US states including Arizona, California, Colorado, Florida, Maryland, New Jersey, New York, North Dakota, Pennsylvania, and Wisconsin, and is actively expanding into the United Kingdom with six planned developments. The company employs roughly 30 people organized across executive leadership, acquisitions, underwriting, entitlements, construction management, and asset management. No proprietary technology, software platform, or AI/ML capability is disclosed; competitive differentiation rests on development expertise, capital relationships, and Class A build quality rather than technology.
1784 Capital Holdings firmographics
Firmographics- Name
- 1784 Capital Holdings
- Legal name
- 1784 Holdings LLC
- Website
- https://1784holdings.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- 1784 Capital Holdings (operating as 1784 Holdings LLC) is a Scottsdale, Arizona-based private real estate developer that builds, owns, and operates Class A self-storage facilities in major US MSAs, with 40+ properties across 15+ states, a multi-family portfolio in North Dakota, and planned expansion into the United Kingdom.
- Ownership category
- akta.pro rank
1784 Capital Holdings industry classification
Industry- Product category
- Self-Storage Real Estate Development
- NAICS
- Lessors of Miniwarehouses and Self-Storage Units (53113), Offices of Other Holding Companies (551112)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Investors, Nec (6799)
- akta.pro primary industry
- Business & Commercial Self-Storage (Inventory/Records) (HSAKAGAD)
- akta.pro secondary industries
- Vehicle & RV/Boat Self-Storage (HSAKAGAC), Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)
Keywords
Where 1784 Capital Holdings is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
1784 Capital Holdings business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- Self-Storage Rental Income: 1784 Holdings develops, constructs, and operates Class A self-storage facilities. Revenue is generated through monthly rental of storage units to consumers and businesses. Properties are typically managed by third-party operators such as Extra Space Storage, Life Storage, or StorageMart, which handle day-to-day tenant relations while 1784 retains ownership.
- Multi-Family Apartment Rentals: 1784 Holdings operates apartment communities in Watford City, North Dakota (Prairie Heights Apartments and Cherry Creek Apartments). Revenue is generated through monthly apartment rentals to tenants in energy-related geographic markets.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
1784 Capital Holdings product offering
Product offeringCore offering
1784 Holdings LLC (formerly 1784 Capital Holdings LLC) develops, constructs, and operates Class A self-storage facilities in major U.S. Metropolitan Statistical Areas with high barriers to entry, alongside multi-family apartment rentals in North Dakota's Bakken energy region. The company also pursues government-backed commercial solar development in Ontario, Canada, through its 1784 Solar subsidiary. Self-storage facilities are typically managed by third-party operators such as Extra Space Storage, Life Storage, StorageMart, and StorEZ.
Product overview
1784 Holdings LLC (formerly 1784 Capital Holdings LLC) is a national self-storage real estate developer and owner operating a platform of Class A self-storage facilities, multi-family apartment communities, and solar projects. The core offering consists of developing, constructing, and operating Class A self-storage facilities in major Metropolitan Statistical Areas (MSAs) with high barriers to entry across the United States. The company's self-storage portfolio includes climate-controlled storage and RV/boat storage facilities across multiple states (Arizona, California, Colorado, Florida, Maryland, New Jersey, New York, North Dakota, Pennsylvania, Wisconsin) and international markets (United Kingdom). The company also operates multi-family apartment communities through Prairie Heights Apartments and Cherry Creek Apartments in Watford City, North Dakota, and maintains a solar subsidiary (1784 Solar, LLC) focused on government-backed commercial solar projects in Canada. Properties are typically managed by third-party storage operators such as Extra Space Storage, Life Storage, StorageMart, and StorEZ.
Differentiator
Problem solved
Functional benefit
Products and services
- 1784 Holdings Self-Storage Development & Operations Core product encompassing development, construction, and ownership of Class A self-storage facilities in major U.S. MSAs with high barriers to entry. Includes climate-controlled units, drive-up units, RV and boat storage spaces, and on-site retail. Facilities are managed by established third-party operators including Extra Space Storage, Life Storage, StorageMart, and StorEZ, while 1784 Holdings retains ownership and handles development, construction, and capital stack. Serves individual consumers, small businesses, and RV/boat owners seeking secure, professionally managed storage.
- Multi-Family Apartment Rentals (Bakken Region) Furnished 1-, 2-, and 3-bedroom apartment rentals in Watford City, North Dakota, operated through subsidiary entities PH123, LLC (Prairie Heights Apartments, 125 units across 12 buildings on ~13.51 acres) and CCWC1, LLC (Cherry Creek Apartments, 77 units in a single building on ~2.76 acres). Targets energy-industry workers and local workforce in the Bakken oil region.
- 1784 Solar, LLC (Commercial Solar Development)
Quantifiable outcome
- Successfully developed and sold multiple properties including Hunt Highway Self Storage (sold March 24, 2021) and ongoing portfolio expansion across 15+ states and UK.
Companies that use 1784 Capital Holdings
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
1784 Capital Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
1784 Capital Holdings partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Bakken Communities, LLCcoreBakken Communities, LLC is a real estate development company focused on multi-family, industrial, and self-storage in energy-related geographic markets. Shane Albers formed Bakken Communities in 2012 and remains Managing Member. Plans and renderings on 1784 Holdings website are copyrighted property of both 1784 Holdings LLC and Bakken Communities.
Scale indicators2 records
Recent moves7 records
Expansion highlights6 records
1784 Capital Holdings competitors and assessment
Company assessmentDirect peers
- Metro Self Storage: Privately held self-storage owner/operator with a portfolio concentrated in the Midwest. Comparable in operating model (own/operate Class A self-storage) and customer base, though with regional concentration rather than 1784's national MSA focus.
- Simply Self Storage: Privately held national self-storage owner/operator. Comparable in product (Class A self-storage), customer base, and private-developer-plus-third-party-management model, with similar geographic targeting of supply-constrained markets.
- StorageMart: Privately held global self-storage operator and third-party manager of 1784's Toms River Self Storage. Direct peer in product, target market, and operating model, with the difference that StorageMart is operator-led while 1784 is developer/owner-led.
- Devon Self Storage: Privately held U.S. self-storage owner/operator with a national portfolio. Comparable in product offering, customer base, and private ownership profile, with overlap in self-storage development and operation.
- National Storage Affiliates Trust: Public self-storage REIT that partners with regional operators via a Participating Regional Operator (PRO) structure. Highly comparable to 1784's developer-plus-third-party-operator model, with the key difference that NSA is a public REIT vehicle while 1784 is private.
- SmartStop Self Storage REIT: Public non-traded/self-managed self-storage REIT that develops and owns Class A facilities. Closely comparable in product, customer base, and developer-owner model, with similar exposure to ground-up development in high-barrier markets.
Broad incumbents
- CubeSmart: Public self-storage REIT with national footprint. Comparable product offering and customer segments to 1784's self-storage facilities, but CubeSmart operates as a public REIT owning/operating stabilized assets rather than developing ground-up.
- Life Storage: Major U.S. self-storage operator and REIT (now part of Extra Space Storage) and a third-party operator of 1784's Hawthorne and Tatum and Dynamite facilities. Direct overlap in product and operating model, though at materially larger scale.
- Public Storage: The dominant public self-storage REIT. Comparable in core product offering (self-storage units, climate-controlled) and customer base, but operates a much larger mature portfolio rather than developing ground-up Class A facilities in MSAs.
- Extra Space Storage: Largest U.S. self-storage REIT by asset count and a key third-party operator of 1784 Holdings' properties. Highly comparable in product (Class A climate-controlled self-storage) and target customers, but operates at vastly greater scale and as a public REIT rather than a private developer/owner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
1784 Capital Holdings social profiles
Digital presence1784 Capital Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
1784 Capital Holdings leadership team
Management profileNumber of profiles
Profiles8 records
1784 Capital Holdings subsidiaries and ownership
Company hierarchySubsidiaries4 records
1784 Capital Holdings funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
1784 Capital Holdings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 1784 Capital Holdings
What does 1784 Capital Holdings do?
1784 Holdings LLC (formerly 1784 Capital Holdings LLC) develops, constructs, and operates Class A self-storage facilities in major U.S. Metropolitan Statistical Areas with high barriers to entry, alongside multi-family apartment rentals in North Dakota's Bakken energy region. The company also pursues government-backed commercial solar development in Ontario, Canada, through its 1784 Solar subsidiary. Self-storage facilities are typically managed by third-party operators such as Extra Space Storage, Life Storage, StorageMart, and StorEZ.
Is 1784 Capital Holdings a public or private company?
1784 Capital Holdings is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was 1784 Capital Holdings founded?
1784 Capital Holdings was founded in 2012. It employs 11 to 50 people.
Where is 1784 Capital Holdings based?
1784 Capital Holdings is headquartered in Scottsdale, United States, in the North America region.
How does 1784 Capital Holdings make money?
Two revenue lines are on record. Self-Storage Rental Income is the primary driver. The others are multi-Family Apartment Rentals.
Who are 1784 Capital Holdings's main competitors?
Direct peers on record are Metro Self Storage, Simply Self Storage, StorageMart, Devon Self Storage, National Storage Affiliates Trust and SmartStop Self Storage REIT. Broad incumbents are CubeSmart, Life Storage, Public Storage and Extra Space Storage.
Does 1784 Capital Holdings have an API?
No public API is recorded for 1784 Capital Holdings.
What industry is 1784 Capital Holdings in?
1784 Capital Holdings's product category is Self-Storage Real Estate Development. Its primary akta.pro industry code is HSAKAGAD, Business & Commercial Self-Storage (Inventory/Records), with a secondary code of HSAKAGAC, Vehicle & RV/Boat Self-Storage. Its NAICS code is 53113 and its SIC code is 6552.