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Updated about 2 years ago on . Most recent reply

User Stats

75
Posts
53
Votes
Daniel Townsend
  • Flipper/Rehabber
  • Cincinnati, OH
53
Votes |
75
Posts

Is an RV storage lot a good investment?

Daniel Townsend
  • Flipper/Rehabber
  • Cincinnati, OH
Posted

Has anyone bought a lot to turn into RV/boat storage? Or bought an existing storage business?

Are they profitable? What kind of rent is charged two store large items?

I’ve been thinking about it but I know nothing about it. Thoughts?

Most Popular Reply

User Stats

88
Posts
46
Votes
JC K.
  • Real Estate Investor
  • Great Falls, MT
46
Votes |
88
Posts
JC K.
  • Real Estate Investor
  • Great Falls, MT
Replied

An old post, but a good question. RV storage is the best form of real estate investing that I’ve encountered. First, RV storage facilities are great income producers and can be operated very passively, often without an onsite manager. The question is can a profitable facility be purchased at the right price.

As with every good investment, it has become more and more difficult to find good ones. More recently I decided to develop one, instead.

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