Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

3,406
Posts
2,425
Votes
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,425
Votes |
3,406
Posts

Equestrian and open air storage lot

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted

I have access to 5 acres of land in a high end area that is being readily developed. I'm wanting to hold it for 5-10 years and then sell it.

It is 2 miles from a large equestrian center and people ask to rent the 7 stall barn regularly. I'm thinking that could help cover some costs. A self service type of deal. 

Caddy corner to the property there is a storage lot that is full. Average boat or camper storage is 50+ a month. I'm thinking lay gravel, fence with a gate, lighting, and rent. Could cash flow pretty well. 

Anyone done something similar?

Loading replies...