Description

46-acre RV/boat/trailer storage property with 1,320 spaces and ~97% occupancy, generating $1.2M gross income with a low 10% expense ratio. Includes optional 9.89-acre expansion parcel available for $2.29M, ideal for multifamily development or additional RV storage. Property Highlights: 1,320 striped parking spaces across 46 acres Mix of 12'x25', 12'x30', and 12'x50' spaces ~97% occupancy (approx. 1,280 rented) $1,200,000 Gross Income Gross annual income: ~$1.2M Extremely low 10% operating expense ratio Pro Forma Upside: Rents currently averaging $70–$105/month Potential to raise premium rows to $170+/month Add value with smart access, automation, or covered parking Additioanl Parcel available to Expand on undeveloped 9.89-acre frontage parcel (across from golf course) Turnkey Infrastructure: Durable asphalt surface with geo-fabric/HDPE base Full site LED lighting and security cameras Tenant amenities: dump station, air compressor, fresh water, dumpsters Zoning: RM3 with perpetual special use approval for RV/boat storage Investment Profile: This is a rare chance to acquire a high-occupancy, low-overhead storage operation in one of Michigan’s most desirable suburban submarkets. With family ownership since 1954, the site carries a strong community reputation and operational stability. It’s ideally suited for investors targeting immediate cash flow with long-term development potential. The surrounding area offers strong fundamentals: Population: 134,000+ 76% homeownership rate Median home value: ~$311,000 (Zillow/Redfin, mid-2025) Adjacent to high-traffic businesses and a golf course