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Updated over 1 year ago on . Most recent reply

User Stats

9
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15
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Jonathan Moody
15
Votes |
9
Posts

CPB: RV / Boat Storage Yard in Hillsborough County, Florida

Jonathan Moody
Posted

Property Details

Mobile Unit:

  • Year Built: 1979
  • Condition: Needs a full rehab or removal. Utilities are on

Storage Capacity and Structures:

  • Potential Spaces: Estimated to accommodate 50-60 RV/boat spaces upon relocating the large garage.
  • Location / Terrain: Cleared. High and dry although a few spots towards the back get soggy during heavy rain, but dry out fairly quickly. Near main roads and the ocean, but it's on a quiet street. Neighbors to the left keep an eye on the property, and the neighbor to the right might consider letting folks use his boat ramp.
  • Storage Fees: The previous owner charged between $60-$75 per spot, but priced based on length so it could be more to match market. There are smaller personal sheds that brought in around $100 per month.
  • Large Shed: Previously used for personal storage, but could easily be rented.

Management and Operations:

  • Previous Manager: She was paid a $15 flat fee per new contract, handled lawn maintenance (approx. $200/month), collected funds, and performed other necessary tasks. She expressed willingness to return and assist with re-establishing the business.
  • Lease Terms for tenants: No liability for owner on tenant damages, prohibitions against living in or extensive work on vehicles within the property, and confidentiality of gate codes.
  • Customer Base: The manager had the lot emptied when the owner passed, but said that several customers might be willing to return. The previous owner didn't prioritize advertising, etc., so proper management could make it very profitable.

Security and Neighborhood:

  • Features: Fenced all the way around with barbed wire on top facing the road.
  • Neighborhood Watch: Reliable surveillance from neighbors, particularly on the left side of the property, ensuring a safe environment.

Asking Price:

$149,000 cash plus all closing costs.

Closing: mid-January.

Access: Message me for access details

Offering
Tampa, Florida

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