Storage Caves
Storage Caves is a privately held Southeast U.S. real estate developer that builds and sells premium, climate-controlled storage garage condominiums (490-1,210 sq. ft.) to RV, boat, and car owners, small businesses, contractors, and hobbyists seeking secure, customizable vehicle and inventory storage space.
- Company typePrivate
- Founded2023
- HeadquartersOrange, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Storage Caves does
Storage Caves is a privately held real estate developer that builds and operates premium storage garage condominiums in the Southeastern United States. The company targets high-net-worth individuals and small businesses seeking secure, climate-controlled storage for vehicles (RVs, boats, cars), business inventory, and hobby/workshop space, with primary demand drivers cited as HOA restrictions on driveway parking, weather damage to outdoor-stored vehicles, and the desire for private, customizable workspaces. Its flagship Buford, Georgia facility near Lake Lanier holds 196 luxury storage condos across more than 104,000 square feet on approximately 8 acres, and the company has announced seven locations spanning Georgia, North Carolina, South Carolina, Texas, and Kentucky.
The core product is a private, customizable garage-style condominium unit ranging from approximately 490 to 1,210 square feet with a minimum 20-foot clear ceiling height. Units are built using heavy-duty concrete tilt-wall construction and include individually metered electric panels with 220v RV outlets, individual HVAC systems with WiFi thermostats, 14'x14' insulated overhead garage doors with electric openers, full fire sprinkler coverage with monitoring, 24/7 surveillance, gated key-pin access, complex-wide high-speed WiFi, and integrated water and sewer lines. This specification set is differentiated from conventional self-storage facilities and targets vehicle collectors, contractors, small businesses, and serious hobbyists rather than basic overflow storage customers.
Storage Caves operates a dual revenue model combining one-time condominium sales (purchase prices starting around $147,000 with claimed ~6% annual appreciation potential) and recurring monthly leases (approximately $1,200/month for a 1,000 sq. ft. unit), plus a marketed sublease feature allowing owners to generate rental income. Distribution is direct-to-consumer via physical facility tours, an online reservation portal with 3D virtual tours, phone sales at 1-844-992-2837, and an investor-focused content channel. The company is led by Chairman and CEO Jim Stepanian, with Daniel Higuera as Chief Operating Officer and Joel Markovitz as Co-Founder. Storage Caves is currently executing an aggressive multi-state Southeast expansion, having acquired more than 57 acres of land in the Charlotte Metroplex in February 2025 with Q1 2025 groundbreaking.
Storage Caves firmographics
Firmographics- Name
- Storage Caves
- Legal name
- Storage Caves
- Website
- https://storagecaves.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Storage Caves is a privately held Southeast U.S. real estate developer that builds and sells premium, climate-controlled storage garage condominiums (490-1,210 sq. ft.) to RV, boat, and car owners, small businesses, contractors, and hobbyists seeking secure, customizable vehicle and inventory storage space.
- Ownership category
- akta.pro rank
Storage Caves industry classification
Industry- Product category
- Self-Storage Facilities
- NAICS
- Lessors of Miniwarehouses and Self-Storage Units (53113), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Vehicle & RV/Boat Self-Storage (HSAKAGAC)
- akta.pro secondary industries
- Business & Commercial Self-Storage (Inventory/Records) (HSAKAGAD), Vehicle Storage & Staging (Short/Long-Term) (HSAKAFAK)
Keywords
Where Storage Caves is headquartered
LocationHeadquarters
- HQ city
- Orange
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Storage Caves business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Storage Unit Sales (Ownership): Storage Caves sells storage condominium units to buyers who want to own their storage space as real estate assets. Units are available for purchase with financing options, allowing buyers to build equity, customize their space, and potentially generate passive income by subleasing. The company reports purchase prices starting around $147,000 for a garage unit.
- Storage Unit Leasing: Monthly rental of storage condominium units for customers who prefer flexibility over ownership. Leasing provides predictable recurring revenue while offering tenants premium storage without long-term commitment. Monthly rates reported at approximately $1,200 for 1,000 sq. ft. units.
- Sublease/Investment Income: Unit owners who purchase storage condos can sublease their units to others, generating passive income. This investment opportunity is marketed as a key benefit of ownership, allowing owners to offset costs or build wealth through rental income.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Unit sizes from 490 sq. ft. to 1,210 sq. ft. |
| One time/ perpetual license | Multi-year contract | Purchase price example: ~$147,000 for standard unit |
| Subscription | Monthly | Lease rate example: ~$1,200/month for 1,000 sq. ft. |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels10 records
Storage Caves product offering
Product offeringCore offering
Storage Caves develops, sells, and leases premium private garage-style storage condominium units within fully secured, gated facilities for RVs, boats, cars, business inventory, and hobby/workshop use. Units range from approximately 490 sq. ft. to over 1,080 sq. ft. with ~20' clear ceiling heights, and feature heavy-duty concrete tilt wall construction, individual HVAC with WiFi thermostat, 14' x 14' electric garage doors, 220v outlets, monitored fire sprinklers, 24/7 surveillance, gated access, complex-wide high-speed WiFi, and water/sewer connections. The company operates multiple locations across the Southeast U.S. (Georgia, North Carolina, South Carolina, Texas, Kentucky) and offers both ownership (building equity in real estate) and monthly leasing options.
Product overview
Storage Caves offers a unified portfolio of premium storage condominium products centered on flexible, private garage-style units available for purchase or lease. The core offering consists of Storage Condominiums ranging from 490-1,080+ sq. ft. with ~20' ceilings, supplemented by specialized vehicle storage (RV Storage with 14' doors and 220v outlets, Boat Storage near Lake Lanier with utility connections), Commercial Storage for business inventory, and customizable Flex Garage/Man Cave spaces. All units are housed within secured, gated facilities featuring climate control, advanced security systems, and high-speed WiFi. Customers can choose between ownership (building equity with customization rights) or leasing, with the ability to sub-lease owned units. The company operates multiple locations in Georgia, North Carolina, South Carolina, Texas, and Kentucky.
Differentiator
Problem solved
Functional benefit
Products and services
- Storage Condominiums (Flexible Storage Garage Condos) Premium private garage-style storage condominium units available for purchase or lease, ranging from approximately 490 sq. ft. to 1,080+ sq. ft. with ~20' clear ceiling heights. Designed for vehicles, RVs, boats, business inventory, and hobby/workshop use, housed within secured, gated facilities with climate control, monitored fire sprinklers, 24/7 surveillance, complex-wide WiFi, individually metered electric panels, water supply, and sewer connections.
- RV Storage Climate-controlled, secure indoor storage specifically designed for recreational vehicles including motorhomes, travel trailers, fifth wheels, and RVs. Units feature 14' x 14' garage doors with electric openers, ~20' clear ceiling heights, and 220v RV outlets for battery charging and maintenance.
- Boat Storage Indoor private boat storage near Lake Lanier and other waterside locations offering climate-controlled environments with water supply, hose bib, and sewer connections for cleanout. Designed for boats, trailers, and associated lake gear, protecting them from sun, rain, humidity, and weather exposure.
- Commercial Storage / Business Inventory Storage Private storage suites for small businesses to store inventory, equipment, tools, samples, and supplies in a professional, secured setting as an alternative to full warehouse leases or basic self-storage units. Available for purchase or monthly lease.
- Flex Garages / Man Cave Spaces Customizable private workshop and hobby spaces that can be configured with shelving, mezzanines, EV chargers, lounge areas, and climate control for personal use, investment, or rental purposes. Marketed as 'man cave meets workshop' configurations.
Quantifiable outcome
- Garage units historically appreciate approximately 6% annually
- +5 more outcomes
Companies that use Storage Caves
Customer profileSegments7 records
Ideal customer profiles3 records
Storage Caves technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature10 records
Storage Caves partnerships and signals
Strategic signalScale indicators11 records
Recent moves8 records
Expansion highlights6 records
Storage Caves competitors and assessment
Company assessmentDirect peers
- RecNation: Specialist operator of RV, boat, and vehicle self-storage facilities across multiple U.S. states, directly competing for the same boat/RV/car collector customer segments Storage Caves targets.
- KO Storage: Developer and operator of premium garage-condominium storage facilities with a multi-state footprint offering both purchase and lease of private, climate-controlled units for vehicles and hobbies — nearly identical product, customer base, and dual-revenue model to Storage Caves.
- GarageCondos.com / Garage Town: Marketer and network of garage-condominium developments across the U.S. that lists and sells private garage units for vehicle and hobby storage — directly comparable purchase/ownership model and customer profile to Storage Caves' condominium offering.
Broad incumbents
- Public Storage: Largest publicly traded self-storage REIT with thousands of facilities nationwide; competes broadly for storage demand though its standard offering lacks the private garage-condo ownership model and premium vehicle amenities Storage Caves provides.
- CubeSmart: Public self-storage REIT operating hundreds of facilities across the U.S.; addresses general storage demand overlapping Storage Caves' commercial and household customers while lacking the premium garage-condo niche.
- Extra Space Storage: Major self-storage REIT with an extensive U.S. facility network; overlapping customer base for traditional storage but differentiated from Storage Caves by absence of the condominium-ownership, RV-grade utility, and climate-controlled garage positioning.
- National Storage Affiliates: Public self-storage REIT with a large network of owned and operated facilities; competes for general storage customers but does not target the high-end RV/boat/collector or garage-condo ownership segment Storage Caves serves.
Emerging players
- Prime Storage: Growth-oriented self-storage operator expanding across the U.S. with a mix of climate-controlled and conventional units; partial overlap with Storage Caves on premium climate-controlled facilities and small-business customers.
- Store Space Self Storage: Multi-state self-storage brand offering climate-controlled and drive-up units; overlapping small-business and household storage demand, though without the RV-specific utilities and ownership-condo model Storage Caves uses.
Regional players
- Safeguard Self Storage: Self-storage operator with a regional footprint in the Midwest/South; serves individual and business storage customers with a conventional product that partially overlaps Storage Caves' business-storage and consumer segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Storage Caves social profiles
Digital presenceStorage Caves financial estimates
Financial estimateRevenue estimate
Valuation estimate
Storage Caves leadership team
Management profileNumber of profiles
Profiles3 records
Storage Caves funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Storage Caves 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 Storage Caves
What does Storage Caves do?
Storage Caves develops, sells, and leases premium private garage-style storage condominium units within fully secured, gated facilities for RVs, boats, cars, business inventory, and hobby/workshop use. Units range from approximately 490 sq. ft. to over 1,080 sq. ft. with ~20' clear ceiling heights, and feature heavy-duty concrete tilt wall construction, individual HVAC with WiFi thermostat, 14' x 14' electric garage doors, 220v outlets, monitored fire sprinklers, 24/7 surveillance, gated access, complex-wide high-speed WiFi, and water/sewer connections. The company operates multiple locations across the Southeast U.S. (Georgia, North Carolina, South Carolina, Texas, Kentucky) and offers both ownership (building equity in real estate) and monthly leasing options.
Is Storage Caves a public or private company?
Storage Caves is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Storage Caves founded?
Storage Caves was founded in 2023. It employs 1 to 10 people.
Where is Storage Caves based?
Storage Caves is headquartered in Orange, United States, in the North America region.
How does Storage Caves make money?
Three revenue lines are on record. Storage Unit Sales (Ownership) is the primary driver. The others are storage Unit Leasing and sublease/Investment Income.
Who are Storage Caves's main competitors?
Direct peers on record are RecNation, KO Storage and GarageCondos.com / Garage Town. Broad incumbents are Public Storage, CubeSmart, Extra Space Storage and National Storage Affiliates. Emerging players are Prime Storage and Store Space Self Storage. Safeguard Self Storage is listed as a regional player.
Does Storage Caves have an API?
No public API is recorded for Storage Caves.
What industry is Storage Caves in?
Storage Caves's product category is Self-Storage Facilities. Its primary akta.pro industry code is HSAKAGAC, Vehicle & RV/Boat Self-Storage, with a secondary code of HSAKAGAD, Business & Commercial Self-Storage (Inventory/Records). Its NAICS code is 53113 and its SIC code is 4220.