We have an exciting investment opportunity. Altoona RV & Boat is ready to be developed! We are ready to construct.
Building size: 39,540 Square Feet
Property size: 142,396 Square Feet
Potential income: $400,000.00 annually
The storage market is a great way to invest that can lead to a high return on your investment. Traditional residential rentals can come with so many costs and legal headaches.
When the economy is having problems, people flock to storage facilities. When people need to downsize, they need a place to park their RVs, Campers, Motorhomes, Boats, etc. You can provide that much needed solution.
When the economy is doing great, people buy new toys and they need places to store them.
- In good times or bad, people always need storage
- According to SSA, 10% of households us storage
- The storage industry generates almost $40 billion
- Can provide a steady cash flow, regardless of economy
- Average stay in a self-storage facility is 1-3 years
- Turnover costs are much less than traditional rentals
- No pets, no noise complaints, no expensive evictions
- No tenants residing in your establishment
- You set the hours, you set the rules, you’re in charge
These statistics can be found from various sources including: Sparefoot