The sale includes two properties, each with stabilized Boat and RV Storage Facilities. Additionally, the sale includes the website, the domain name, billboard signage, phone number, and full access to the management software with a continued paid subscription. With over 90% occupancy, this opportunity allows for a straight-line price increase across all units. Currently, average door rents are $56 per month. Market rents average $90 - $120 per month. We believe that new ownership can retain customers and maintain a competitive advantage at $75 per month, per door. Additionally, this property operates on near autopilot. Please contact us directly for additional information. Seller may carry. Buyer acknowledges that Seller intends to perform a tax-deferred exchange under Section 1031 of the Internal Revenue Code. Buyer accordingly agrees to an assignment of the rights under this contract by the Seller to First American Exchange Company, a qualified intermediary. Buyer agrees to cooperate in such exchange as long as it does not delay the closing or cause additional expense to Buyer.
| Date | Price |
|---|---|
| -- | New Value: $2,100,000 |
| 4/16/2024 10:47:21 AM | New Value: $2,100,000 |
| 3/12/2024 12:48:00 PM | New Value: $2,690,000 |