Jumbo RV & Boat Storage
RV & Boat Storage | 26 Units | 100% Occupied | Below Market Rents
Marketing description
Discover an exceptional investment opportunity at JUMBO RV & BOAT STORAGE located at 1158 8th Ave W, Palmetto, FL 34221. This 19,500 SF facility is 100% occupied with a waitlist, offering 26 fully-enclosed units with significant potential for increased revenue through below-market rents. The property features individual unit addresses for future condo conversion, internet-integrated power submeters, and proximity to major retailers like Dollar Tree and Walmart. With hurricane-rated construction, 30-amp RV service, and 24-hour access, tenants enjoy a secure and convenient storage solution. Situated near I-75 and I-275, with easy access to Palmetto, Bradenton, and Sarasota, this property caters to a wide range of clientele seeking secure boat and RV storage. Don't miss this chance to acquire a profitable asset in a prime location with a growth opportunity.
Investment highlights
•19,500 SF RV & Boat Storage Facility | 100% Occupied with a Six-Month Waiting List | Asset Requires Very Little Maintenance
•Subject Property Features 26 Fully-Enclosed RV & Boat Storage Units | See Page 7 for a List of Full Services
•Significant Upside Through Below Market Rents | Currently 35% Below Market on Average
•Developer Individually Addressed Units to Allow Future Condominium Conversion; USPS Approved Mailboxes Provided
•E-Mon D-Mon Internet & Rent Roll Integrated Electronic Power Submeters Installed
•Situated on 1.32 Acres Adjacent to Dollar Tree, UPS Store, Pizza Hut, and Take 5 Oil Change
•Tenant’s That Store Their RV’s and Boats at Jumbo Storage Derive From Manatee County and Pinellas County
•Located 1 Mile From South Tamiami Trail | 62,000 AADT
•Surrounded by Numerous National Tenants Including; Publix, Wal-Mart Supercenter, Winn Dixie, ALDI, CVS, Etc.
•New Developments Nearby; Creekside Commons (285,000 SF Shopping Center) North River Ranch (2,600 Acre Mixed Use with 6,000 Single Family Homes, Townhomes, Villas & Apartments) and Esplanade at Artisan Lakes (Resort-Lifestyle Community in Palmetto, FL).
•Population Over 150,000 Within a Five-Mile Radius
•Florida is an Income Tax Free State
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