Skip to main content

Self-Storage Facility

WNC RV & Boat Storage & Warehouse

4021 Haywood Rd, Mills River, NC 28759

Listing Price: $2,450,000

Cap Rate
6.80%
Number of Units
197
Occupancy
75.0%
Gross SF
97,380
Rentable SF
25,920
Price/Rentable SF
$94.52
Year Built
2024

Investment Overview

The Gorman Self Storage Group of Marcus & Millichap is pleased to present WNC RV & Boat Storage & Warehouse, a newly delivered boat and RV storage asset located in the Western North Carolina corridor. The property features 197 uncovered and covered parking spaces, along with a warehouse currently leased to a baseball training facility. Originally a greenhouse, the site was successfully converted and brought online in 2024.

Positioned approximately 20 miles from Asheville, the asset draws from both urban and suburban demand drivers across the broader Western North Carolina market. The surrounding trade area boasts average household incomes exceeding $100,000 within a 1- to 5-mile radius. Notably, WNC stands as the only dedicated all boat and RV storage facility in its immediate market.

Since opening in July 2024, the property achieved stabilization in roughly 18 months with no formal marketing efforts, underscoring strong organic demand. Building on this momentum, ownership completed an expansion in April 2026, providing the incoming investor with continued lease-up upside and embedded growth potential.

Investment Highlights

  • Recent Conversion (2024) with Strong Lease-Up Momentum
  • Only All Boat & RV Storage Facility in the Entire Market
  • Deal includes Baseball Training Warehouse
  • Over $114,000 Avg HH Income in a 3-Mi
  • 10,000+ VPD on Haywood Rd
  • Gateway to Asheville & Western NC Recreation

Exclusively Listed By

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- Washington D.C./Virgina/Maryland

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Financing By

Self-Storage Facility

WNC RV & Boat Storage & Warehouse

Listing Price: $2,450,000

Cap Rate
6.80%
Number of Units
197
Occupancy
75.0%
Gross SF
97,380
Rentable SF
25,920
Price/Rentable SF
$94.52
Year Built
2024

Investment Highlights

  • Recent Conversion (2024) with Strong Lease-Up Momentum
  • Only All Boat & RV Storage Facility in the Entire Market
  • Deal includes Baseball Training Warehouse
  • Over $114,000 Avg HH Income in a 3-Mi
  • 10,000+ VPD on Haywood Rd
  • Gateway to Asheville & Western NC Recreation

Investment Overview

The Gorman Self Storage Group of Marcus & Millichap is pleased to present WNC RV & Boat Storage & Warehouse, a newly delivered boat and RV storage asset located in the Western North Carolina corridor. The property features 197 uncovered and covered parking spaces, along with a warehouse currently leased to a baseball training facility. Originally a greenhouse, the site was successfully converted and brought online in 2024. Positioned approximately 20 miles from Asheville, the asset draws from both urban and suburban demand drivers across the broader Western North Carolina market. The surrounding trade area boasts average household incomes exceeding $100,000 within a 1- to 5-mile radius. Notably, WNC stands as the only dedicated all boat and RV storage facility in its immediate market. Since opening in July 2024, the property achieved stabilization in roughly 18 months with no formal marketing efforts, underscoring strong organic demand. Building on this momentum, ownership completed an expansion in April 2026, providing the incoming investor with continued lease-up upside and embedded growth potential.

Exclusively Listed By

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- Washington D.C./Virgina/Maryland

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

Financing By

MM Texture Background
MM Textured Background Lower