Listed
Overview
This is an exclusive opportunity to acquire Modesto RV & Boat Storage, a 159,415 NRSF facility with 346 units. Modesto RV & Boat Storage offers a plethora of different unit sizes to fit a variety of different client needs.
Property Details
Highlights
- Significant Lease-Up Opportunity – Currently 60.7% occupied across 346 units and 159,415 NRSF, providing substantial upside through continued lease-up.
- Below-Market Covered Parking Rates – Current asking rents remain approximately 31% below competing facilities, creating an opportunity for future rental rate growth.
- Institutional-Quality Facility – Built in 2021 with covered RV and boat storage, gated access, wide drive aisles, security cameras, keypads, and 24-hour access.
- Strong Demographics – Serves a population of 189,587 residents with 58,330 households, $82,787 average household income, projected population growth, and limited new supply.
- Outdoor Recreation Demand Drivers – Located near the Sacramento–San Joaquin Delta, Don Pedro Lake, New Melones Lake, Yosemite National Park, and the San Francisco Bay Area, supporting strong RV and boat storage demand.
Location
Loading map...
No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.