Renovating existing properties · R3
Reinvest in Existing Facilities and Maximize Revenue With R3
The market evolved. Many facilities didn’t. Top-performing operators don’t just maintain aging facilities, they reposition them. The R3 Program by Janus focuses on five upgrades that optimize space and maximize revenue, organized into one structured program with minimal disruption to tenants.
- Door replacements
- Hallway reskins
- Unit remixes
- MASS Relocatable Storage Units
- Office remodels
$300K → $3Min portfolio value from door replacements at National Self Storage
35% More Revenuewith fewer total units after a unit remix
$78,240 → $1.12Ma year and facility value from 50 parking spaces turned into MASS units
Facility value divides added annual revenue by a 7% cap rate. Figures are from Janus R3 collateral; individual results vary.