Northeast · Self-Storage · First lien
Self-storage hard money loans in Rhode Island.
First-position self-storage loans across Rhode Island — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Stokley Intelligence · Updated September 2026
Self-Storage Market Data 2026
A sourced view of U.S. self-storage fundamentals—occupancy, rents, new supply and capital markets—and the situations they may create for owners, lenders and investors.
Rhode Island market context
The economy behind the collateral.
Rhode Island's economy centers on Providence's healthcare and higher education institutions, marine and defense industries tied to Naval Station Newport, and a compact coastal tourism sector.
- Healthcare
- Higher education
- Marine and defense
- Tourism
- Financial services
Self-Storage underwriting
What we look at first.
- Physical and economic occupancy
- Street rates, in-place rates and discounting
- Management platform and revenue systems
- New supply within the trade area
- Expansion land and conversion costs
Situations
Self-storage loans we see in Rhode Island.
- Lease-up after a new build or conversion
- Acquisitions from mom-and-pop owners
- Expansion capital on existing facilities
- Maturities on facilities still stabilizing
Selling a self-storage property in Rhode Island? Stokley also buys real estate as a principal. Submit it for acquisition.
Rhode Island metros
Local lending pages.
We lend across Rhode Island, not only in these metros. Each page covers the local economy and a direct request form.
Hard money lending guidelines
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Rhode Island self-storage loan request.
Questions
Rhode Island self-storage loans, answered.
- Does Stokley Capital make self-storage loans in Rhode Island?
- Yes. We make first-position self-storage hard money and bridge loans throughout Rhode Island, including Providence, Warwick and smaller markets.
- How large are your Rhode Island self-storage loans?
- Typically $1M–$5M, first lien. Larger loans are considered.
- What should a Rhode Island self-storage loan request include?
- Property address, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Other property types in Rhode Island
Self-storage loans nearby
Next step
Financing self-storage in Rhode Island?
Send the property, amount and deadline. A principal will respond directly.