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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.
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.