RV Storage Condos

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Cyber Kahuna - 02 Jun 2006 18:04 GMT

I have heard about RV Storage Condos coming on the market. There are like
self storage units on Steroids. Some as big as 50" x 17' wide. They are
being marketed
to RV and Classic cars owners.

Anyone had any experience with these?

http://www.garagetown.com
http://www.rvstorage.biz

Above are a few examples.

Thanks

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Bob V - 03 Jun 2006 01:37 GMT

:I have heard about RV Storage Condos coming on the market. There are like
: self storage units on Steroids. Some as big as 50" x 17' wide. They are
[quoted text clipped - 5 lines]
: http://www.garagetown.com
: http://www.rvstorage.biz

There's one where I live in Coeur D'Alene, ID, that I looked into briefly.
$55,000 plus maintenance dues plus property taxes. I pay $80.00 per month
for a 12 x 36 inside storage space. Just taking the purchase price of
$55,000 divided by the monthly rent I'm paying equals 57 years......I'll be
gone long before that :-)

Their whole selling point is that they are supposed to appreciate in value.
Location has been here for two years with very few sold, while a housing
boom has increased regular single family housing by 35 to 45%.

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Cyber Kahuna - 03 Jun 2006 06:27 GMT

That is really interesting. Is what you pay for inside storage the norm in
your area.

Here in So. Cal., it ranges from 300-600/month for inside storage. So to
spend 60K on a storage unit, it makes sense, at least here.

> :I have heard about RV Storage Condos coming on the market. There are like
> : self storage units on Steroids. Some as big as 50" x 17' wide. They are
[quoted text clipped - 17 lines]
> Location has been here for two years with very few sold, while a housing
> boom has increased regular single family housing by 35 to 45%.

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Chris Cowles - 03 Jun 2006 06:56 GMT

> That is really interesting. Is what you pay for inside storage the norm
> in your area.
>
> Here in So. Cal., it ranges from 300-600/month for inside storage. So to
> spend 60K on a storage unit, it makes sense, at least here.

But one that costs 60K in Coeur D'Alene, ID would cost just a smidgen more
in SoCal.

Signature

Chris Cowles
Gainesville, FL

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Cyber Kahuna - 03 Jun 2006 23:53 GMT

Actually, the So Cal location is expected to be
in the low to mid 60's. (Fingers Crossed)

>> That is really interesting. Is what you pay for inside storage the norm
>> in your area.
[quoted text clipped - 4 lines]
> But one that costs 60K in Coeur D'Alene, ID would cost just a smidgen more
> in SoCal.

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RonB - 05 Jun 2006 14:07 GMT

> Here in So. Cal., it ranges from 300-600/month for inside storage. So to
> spend 60K on a storage unit, it makes sense, at least here.

Again, Kansas is a pretty good place to live. Around here (Wichita) covered
storage runs $70-80/mo. This goes up to about $150-180 with a closable
door. Open lot storage $30-40. The lot we use even provides an electrical
outlet every 2-3 slots for folks who need ot do maintenance, repair or
cleaning without moving their rig.

RonB

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