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Turvey's RV Park & Self Storage

Mixed Use

Listing Contacts

Active

Asking Price:Unpriced

Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.

Address 

5665 US-90, Theodore, AL 36582

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Date Added
Dec 17, 2024
Days on Market
146 days
Time Since Last Update
136 days

Details

Property TypeMixed Use, Self Storage
Units95
Year Built2001
Lot Size (acres)4.3
IntelligenceINTELLIGENCE
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Marketing Description

MHP Brokerage is excited to present Turvey's RV Park and Self-Storage, a thriving investment opportunity located at 5665 US-90,

Theodore, AL.​ This income-generating facility includes 38 mobile home lots and 57 self-storage units, boasting near 100% occupancy rates.​ With an impressive annual revenue of $264,628, the property offers immediate cash flow and substantial upside potential.​ Investors can capitalize on the opportunity to convert existing mobile home lots into up to 100 additional self-storage units, enhancing revenue streams.​ Strategically situated on a high-visibility corridor, Turvey's RV Park and Self-Storage is an ideal asset for those seeking a versatile and high-demand investment in a growing market.​

Investment Highlights

1. Consistent Revenue Stream

Generates $264,628 in annual income with near 100% occupancy

across 38 mobile home lots and 57 self-storage units, ensuring

immediate cash flow stability.

2. Exceptional Expansion Potential

The existing infrastructure offers an opportunity to transition

mobile home lots into 100 additional self-storage units, unlocking

significant upside for future revenue growth.

3. Strategic Location

Situated on US-90 with 19,000 daily vehicle traffic, the property

boasts high visibility and easy accessibility. Proximity to Interstate

10 connects it to major transportation routes and economic hubs

in Mobile and the Gulf Coast.

4. Diverse Customer Base

Located in a thriving area with a growing population of over 45,000

within a 5-mile radius, Turvey's appeals to a mix of long-term

residents, transient workers, and local businesses.

5. Demand for Affordable Living and Storage

With local housing occupancy at 92% and rising demand for

flexible storage solutions, this property caters to two high-demand

markets in one.

6. Low-Cost Investment Market

The area features a median home value of $144,500, making

Theodore a cost-effective location with promising economic

development, perfect for investors seeking high returns.

7. Economic Resilience

Theodore benefits from proximity to industrial hubs and the Port

of Mobile, a growing logistics and manufacturing corridor, ensuring

sustained demand for storage and housing options.

8. Turnkey Operation

Near-full occupancy and established operations minimize initial

hurdles, allowing investors to focus on optimizing and expanding

the facility.

9. Prime Demographic Fit

Affordable income levels (median household income $62,553) and

a balanced age demographic make this investment ideal for both

long-term tenants and storage users.

10. Favorable Market Trends

Self-storage demand continues to grow nationally, fueled by

lifestyle shifts, small-business needs, and transitional housing

trends, aligning perfectly with this property’s offerings.

These highlights make Turvey’s RV Park & Self-Storage a versatile,

income-generating asset with unparalleled potential for growth.

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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Listing Contacts


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