Sale of two vacant land parcels with FULLY ENTITLED, PLANS APPROVED & PERMITS ISSUED for a 128-unit RV/Boat storage facility (103-01-655B; 4.22 acres) and a 353-unit (varying sizes) self-storage facility with a 1,250sf on-site manager's home, 1,200sf on-site office, & an additional 300sf leasable office space for additional rental revenue. Both projects are permitted to be built in phases with the ability to lease units as you build out facility (recommended based on current demand). Market Study & Feasibility Analysis Report from 3rd part appraisal company reveals a demand of 966 RV/Boat units TODAY with strong demand through the coming years and only one known facility that is currently operating in Prescott. Prescott is starving for storage facilities like these projects, considering the robust population growth in the area that is forecasted to remain strong for the area.
Subject property is conveniently-located off of State Highway 89A and centrally-located to several master residential & commercial developments that are bringing approx. 17,000 homes to the area (refer to Area Map document). With the City of Prescott's focus on stimulating growth in North Prescott and the amount of development in the area - this deal is prime for someone to start building the next day after closing with high-earning cash flow properties.
*SEE ATTACHED BROCHURE ("LISTING INFORMATION") & OTHER DOCUMENTS FOR BETTER DETAILS.
* SELLER FINANCING AVAILABLE WITH $1,000,000 DOWN AND SUBORDINATION TO CONSTRUCTION LOAN ON RV/BOAT FACILITY.
*BOTH PARCELS (OR PROJECTS) MUST SELL CONCURRENTLY.
