Suncrest Boat/RV Storage

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POTENTIAL, POTENTIAL, POTENTIAL – Suncrest Boat & RV located in Hoodsport WA offers the buyer an opportunity to build upon a well-established storage facility. Currently, (37) Units are comprised of 22 enclosed or covered Boat/RV storage spaces, plus 15 outdoor parking spaces. This facility has operated at 100% occupancy for the past several years, a recent rent raise went into effect for the 1st time in 8 years, allowing the buyer to collect market rent while considering expansion possibilities. Gross Rentable Income with in-place rents (assuming 100% occupancy) on existing units/spaces is $61,500. The owner can remotely manage and collect with a gate/security system. Located between Lake Cushman and Hood Canal, and the south entrance to the Olympic National Park this location is perfect to capture the thriving boat/RV recreation community.Suncrest BoatRV Storage OM

Property Highlights

  • Easy Storage Solutions Software
  • Fenced Property
  • Security System in Place
  • Manager in Place (if needed)
  • Room to Expand (Add Additional Units or Parking)
  • High Barriers to Entry for Competition in Market
  • 291 N Suncrest Drive

    Hoodsport, WA

  • $575,000

    Price

  • 5,658 SF

    Size

  • Self Storage

    Property Type

  • Commercial

    Zone

  • 6.4%

    Capitalization Rate %

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