Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100% fee simple interest in Lakepoint Boat & RV Storage (the “Property”), a new construction self-storage facility. Situated on 24.51 acres and spanning 187,180 rentable square feet, Lakepoint Boat & RV Storage offers 350 units of Boat, RV, and Self-Storage. The Property was built in three phases since 2019, with ownership quickly leasing each phase to 100% and then building additional storage. The latest phase was built in Spring 2025, and has been leasing at a rate of 3+ units per week, with 100% occupancy expected by July 2025. The Property is ideally located along Hwy 68 near I-69 providing immediate access to Kentucky Lake, the 25th largest lake in the United States. It is the largest body of water between the Great Lakes and the Gulf of Mexico, and attracts more than 17,000,000 annual recreational visitors. Lakepoint includes a free boat-washing bay and power washer, 24/7 Access security gate, fenced facility with security cameras, and boat shrink-wrapping for long-term storage. These features have made Lakepoint the #1 boat storage location for Kentucky Lake, and have enabled ownership to renew more than 95% of tenants each year with an average 8.5% annual rent increase. The current owner/developer lives near the property, and is willing to continue managing the property after Closing allowing an investor to purchase the Property and collect “mailbox money” with a passive investment.