Family-Owned Boat Storage Near Lake Fork – Value-Add Opportunity
This 94-unit boat and RV storage facility has been family owned and operated for years, serving the Lake Fork community and anglers visiting for world-class bass tournaments. Following the passing of the original owner, the family is now offering the property for sale, creating a unique opportunity for an investor to step in and maximize its potential.
Situated on 2.34 acres with gated 24/7 tenant access, the property totals 18,460 rentable square feet across a variety of unit sizes, including both dirt-floor and concrete roll-up storage. Current income in 2024 was $11,280, with rental rates ranging from $25 to $60/month. With professional management, online payment options, and modest capital improvements, there is significant upside in rents and occupancy.
Unit Mix (94 Total):
• 16 × 10x20 (Dirt Floor, Double Door)
• 36 × Approx. 10x20 (Dirt Floor, Double Door)
• 15 × 10x20 (Concrete, Roll-Up)
• 10 × 10x10 (Concrete, Roll-Up)
• 4 × 12x15 (Concrete, Roll-Up)
• 8 × 12x30 (Concrete, Roll-Up)
• 1 × 12x30 (Concrete, Roll-Up – Standalone)
• 4 × 5x5 (Concrete, Roll-Up)
