8640 SE 147TH PL Summerfield FL 34491-3334

Safe Harbor RV and Boat Storage, located at 8640 SE 147th Pl, Summerfield, FL, offers an exceptional investment opportunity with significant upside potential. Currently featuring 212 rentable storage units, the property spans 30 acres, with 10 acres already generating stabilized income and an additional 20 acres primed for value-add expansion. Plans are in place to expand to 534 rentable units, significantly increasing potential revenue.

Strategically situated just five minutes from The Villages, Florida's premier retirement community, the property benefits from robust demographic demand for recreational vehicle and boat storage. Moreover, the adjacent development of the University of Florida's new Shand’s Hospital further enhances future growth prospects and area desirability.

Seller financing is available at 50% LTV, providing favorable acquisition terms. With multiple potential uses for the undeveloped 20-acre parcel—including Industrial Outdoor Storage, RV Resort, Truck Parking, and Residential development—Safe Harbor RV and Boat Storage represents a versatile asset poised for impressive returns, potentially exceeding a 25% IRR within four years.

• With the full execution of development, the asset has the potential to achieve greater than 25% IRR in 4 years

• 212 current units, with plans in place to reach 534 potential rentable units

• 10 acres of stabilized income with an additional 20 acres of value add expansion room

• University of Florida developing Shand's Hospital on the neighboring parcel

• 5 minutes from The Villages Retirement community (ranked as the #1 destination for retired individuals across the state)

• Onsite Manager in place and willing to stay on

• Seller Financing Available at 50% LTV

• Potential Uses for 20 AC include: Industrial Outdoor Storage, Mobile Home Park, RV Resort, Truck Parking, Residential, Etc.