President, FreeUp Storage

Spartan Investment Group • ,

13d • $250,000 - $325,000 • Onsite

About The Position

The President of FreeUp Storage owns the profitability, asset value, and growth of the FUS portfolio. Leading through the Director of Asset Management and the Director of Portfolio Operations, and partnering closely with Marketing, the President is accountable for growing same-store NOI and revenue, optimizing occupancy and rate, converting demand into rentals, and protecting the FreeUp Storage brand and customer perception across approximately 90 assets and scaling.
Reporting to the CEO, the President sets portfolio strategy, holds both directors accountable for measurable results, and builds the people, technology, and operating infrastructure needed to scale the platform, integrate acquisitions, and support third-party management services.

Requirements

• Bachelor’s degree in Business Administration, Finance, Real Estate, or related field.
• 10+ years of experience in Self-Storage.
• Must have direct experience overseeing at least 75 facilities.
• Willingness to travel 75+% of the time.

Responsibilities

• Grow NOI by 8% year over year and meet or exceed budgeted portfolio NOI.
• Deliver same-store revenue growth of 15% through market-based pricing and a governed ECRI cadence across stabilized and lease-up assets.
• Grow revenue per available square foot (RevPAF) and grow economic occupancy at or above 90%
• Sustain portfolio physical occupancy at or above 85% and lead the team to improve lead-to-rental conversion in partnership with Marketing and Operations.
• Establish and maintain single, documented definitions and one source of truth for a lead, lead-to-rental conversion, and same-store performance, so reported lead volume and conversion are accurate and consistent.
• Work with marketing to optimize cost per lead and marketing strategy from its current level toward the industry benchmark.
• Drive documented get-right plans to close with proactive status reporting; ensure capital projects close out and hold CX performance and cost to budget.
• Present in Monthly Asset Review showing real time asset management and operational performance.
• Position FreeUp Storage for 3rd party management.
• Transition properties which are currently 3rd party managed back to FreeUp Storage.
• Assure ROI on enterprise technology relationships and manage transitions with operational leaders accordingly.
• Participates in leading feasibility and due diligence of assets to be acquired by FreeUp Storage assuring proper handoffs and oversite of Asset Management and seamless transitions through operations.

Benefits

• Competitive Full Time Base Salary: $250,000 - $325,000 annually.
• Comprehensive benefits including 401k with company matching.
• Access to company carried interest program.
• Wellness benefits include company paid health, vision, dental, short-term disability, and life insurance.
• In house performance coaching.
• Unlimited PTO.
• Reimbursements for phone, transportation, and entertainment, and more through an innovative cafeteria benefits plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive