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33282463
33282464

2 Locations

JB
FL FL #BK3605614
Industrial Storage Brokers
GC
FL SL3628181
Industrial Storage Brokers
RM
PA RS342028
SR
MO 2019024102
Listed by Industrial Storage Brokers
$10,500,000
2 days on market
Updated 2 days ago

Bus Hangars RV & Boat Storage

Details
Property Type Land, Self Storage (+1)
Sub Type Industrial, RV/Boat Storage (+1)
Square Footage 75,000
Units 50
NOI $376,300
Occupancy 100%
Tenancy Multi
Class A
Year Built 2017
Buildings 6
Acreage 21.880
Parking Spaces spaces
Investment Type Value Add

100%-Occupied Bus/RV & Boat Storage + Adjacent 10-Acre Development Parcel | Spicewood, TX

Marketing description

Bus Hangars RV & Boat Storage at 655 County Road 414, Spicewood, TX 78669 is a rare opportunity to acquire a fully leased specialty storage asset in the heart of the Texas Hill Country. This purpose-built RV, boat, motorcoach, and oversized equipment facility features 75,000 SF of insulated hangar space on 11.88 acres, with large 25’ x 60’ bays, 16’ x 16’ overhead doors, and 50-amp power in every unit plus 3 outdoor parking spaces. Positioned adjacent to Spicewood Airport and minutes from the Lake Travis recreation corridor, the property benefits from strong demand driven by high-income household growth, boating activity, and RV ownership in the greater Austin market. The facility operates at 100% occupancy with an active waitlist, offering immediate cash flow and clear proof of unmet market demand. Investors can capitalize on significant upside with 16 pad-ready expansion units on the existing site, plus an adjacent 10-acre parcel included in the offering that can support an estimated 50–66 additional storage units. This is a compelling chance to acquire a stabilized, high-demand storage asset with built-in expansion potential in one of Central Texas’ fastest-growing recreational markets.

Investment highlights

  • 100% Occupancy with active waitlist
  • Value-add upside: 16 entitled pad-ready units on existing site
  • Development potential for 50–66 additional units on adjacent 10-acre parcel
  • Strong recreational storage demand from Lake Travis and Austin markets
  • Limited supply of comparable Class A specialty storage in Texas Hill Country

Listing Contacts

JB
FL FL #BK3605614
Industrial Storage Brokers
GC
FL SL3628181
Industrial Storage Brokers
RM
PA RS342028
SR
MO 2019024102
Listed by Industrial Storage Brokers

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$376,300.00
$31,358.33/mo

Valuation Metrics

0
DSCR
3.58%
Cap Rate
3.58%
ROI

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