Self-Storage Facility
Florence Executive Boat & RV Storage
8435 Dixie Hwy, Florence, KY 41042
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to offer for sale Florence Executive Boat & RV Storage located in Florence, Kentucky. The site is about 11 miles Southwest of Cincinnati, Ohio. It features 121 fully enclosed boat & RV units, 65 canopy covered parking spaces, 111 uncovered outdoor parking spaces, one office unit, one apartment, and a Class-A management office all totaling 102,800 net rentable square feet. The site sees over 15,000 cars per day and has operational upside through raising rental rates that are below market. The site also has room and plans for 66,000 square feet of additional fully enclosed units.
Investment Highlights
- Cincinnati, Ohio MSA Recently Built Boat & RV Storage Offering
- Located Approximately 11 Miles Southwest of Downtown Cincinnati in the Growing and Affluent City of Florence, Kentucky
- 102,800 Net Rentable Square Feet
- 298 Total Units - 121 Fully Enclosed Boat & RV Parking Units, 65 Canopy Covered Parking Spaces, 111 Uncovered Outdoor Parking Spaces, One Office Unit (With Tenant), One Apartment, and a Class-A Large Management Office (not included in underwriting)
Listing Price: Request For Offer
Investment Highlights
- Cincinnati, Ohio MSA Recently Built Boat & RV Storage Offering
- Located Approximately 11 Miles Southwest of Downtown Cincinnati in the Growing and Affluent City of Florence, Kentucky
- 102,800 Net Rentable Square Feet
- 298 Total Units - 121 Fully Enclosed Boat & RV Parking Units, 65 Canopy Covered Parking Spaces, 111 Uncovered Outdoor Parking Spaces, One Office Unit (With Tenant), One Apartment, and a Class-A Large Management Office (not included in underwriting)
Investment Overview
Marcus & Millichap is pleased to offer for sale Florence Executive Boat & RV Storage located in Florence, Kentucky. The site is about 11 miles Southwest of Cincinnati, Ohio. It features 121 fully enclosed boat & RV units, 65 canopy covered parking spaces, 111 uncovered outdoor parking spaces, one office unit, one apartment, and a Class-A management office all totaling 102,800 net rentable square feet. The site sees over 15,000 cars per day and has operational upside through raising rental rates that are below market. The site also has room and plans for 66,000 square feet of additional fully enclosed units.