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11/09/2007
- Boat & RV Storage Scene: Dakota Park Boat and RV Storage
Before it could become a viable project, Dakota Park Boat and RV Storage in Fresno, Calif., had to overcome a whole bundle of obstacles.First, the property is an odd shape, which made it difficult to incorporate the number of units needed for the development to succeed. The west and south property lines are adjacent to residential areas, which meant large ...
10/01/2007
- What’s So Special About Boat/RV Storage?
Just when you think you’ve got self-storage figured out, boat and RV storage slips in with a new twist. Many facilities have had a few boat and RV spaces all along, so what’s the big deal? Making the numbers work on a facility primarily provides boat and RV storage may be more complicated than it appears. In a nutshell, ...
- Market Trends for RV and Boat Storage
One would believe the rise in the cost of gasoline and, most recently, diesel fuel would slow the production and sale of larger boats and motor-homes, but it’s just not the case. Recent conversations with experts from the boating and RV industries indicate the RV- and boat-storage business is still on the rise. The old adage, “Bigger is better” ...
- Legal Perspectives
Vehicle storage (boats, RVs, cars, etc.) is a different kind of business than traditional self-storage, particularly as vehicles are often stored anywhere but in a separate, enclosed unit. Whether you’re renting storage in an open lot, covered building or individual units, vehicle storage presents several unique issues. Creating a Bailment? With the exception of individually enclosed units, the first issue ...
- Entering the Storage-Condo Market
Just about any kind of real estate can be turned into condominiums, including apartments, detached homes, offices, hotels, airport garages and even grain-storage buildings. Vehicle storage is no exception. The storage condo is an emerging niche within the rapidly growing market for RVs and boats. Condo development might be a good business venture to pursue. While its shares the ...
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