14301 Canyon E-Way, Amarillo, TX 79119

Stater's Acres RV Storage & More offers a well-positioned RV Storage facility with supplemental self storage in Amarillo, TX, with strong market fundamentals and growth potential. Located at 14301 Canyon E-Way, Amarillo, TX, the facility encompasses 229,400 square feet of rentable space (NRSF), with a total of 395 self-storage units. Built in 1998, the facility is currently operating at 87% physical occupancy and 90% economic occupancy, with significant potential for revenue growth.

The surrounding 5-mile radius boasts a median household income of $103,969, providing residents with ample disposable income for recreational vehicles, boats, and supplementary household storage. The area's projected population growth exceeds 1.79%. The facility benefits from its proximity along Canyon E-Way, a major traffic corridor that sees over 20,000 vehicles per day, ensuring steady demand for storage. Strict zoning regulations prohibit street or driveway parking of recreational vehicles, reinforcing the need for professional-grade storage solutions.

The market conditions in Amarillo are characterized by continued residential growth, with expanding demand for storage in the area. The lack of nearby competing facilities further enhances Stater's Acres RV Storage as an attractive acquisition. Market rental rates are 120% above what the current ask at this facility is, presenting significant room for revenue growth through rate management and additional services. The facility offers the potential for ancillary revenue streams, such as tenant insurance and administrative fees, enhancing the overall profitability.

This facility represents a rare opportunity to acquire an owner-operated storage facility with strong occupancy and revenue potential, while capitalizing on Amarillo's growing regional demand for quality vehicle storage.