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3690 Airport Center Dr
Palm Springs, CA 92262
MonStore Garages · Specialty Property For Sale · 76,000 SF

EXECUTIVE SUMMARY

Investment – The storage condominium concept is all about investment, and converting the dollars you currently spend on storage rentals, into asset class investments. You probably own your home, but you could have simply rented your home. After all, it was easier, cheaper and probably faster. But you opted to purchase your home. Why? Well, the appreciation is one reason, tax benefits are another, and certainly, the security of ownership has no equal. It’s yours. Storage condominiums are no different. All of the above still apply. Take the first step in investing in storage rather than divesting your money on rent. Personalization- Since you own your Monstore Garage, the fun it just starting. You can customize your garage in any way you chose. Paint, flooring, mezzanines, lighting, wall treatments, car lifts, air conditioning, pretty much whatever you desire. Make it a “Man Cave”, or a “She Shack”, or a “Person Palace”, just to be P.C. After all, it is yours to do with what you want. Convenience Access is 24 x 7 so you can come and go as you please. Stay and tinker, polish, organize, wrench whatever you desire. Each garage has its own power, so you can pretty much power any tool, machine or personal creation. There are no hours, no landlords, just friendly neighbors all looking out for each other. You will not find that in rental facilities with a transient clientele. Turn the dollars you spend on rentals into an asset class investment. Full garage width aircraft style bi-fold doors with man door (See video) 24 x 7 Access Duplex outlets (20 amp) Plumbed for half baths in most garages 60' wide approach Insulation Fire sprinklers 4000 psi concrete flooring Red iron steel structure Pre wired for internet and security Security cameras From 650 to 5400 sq ft 100 amps in each unit Full lighting package Automatic doors All concrete drives Security Next to Palm Springs airport Security gates Centrally Located Security camera app Garage Condominiums, sometimes called Storage Condominiums are a relatively new concept and little is known about them so many questions ensue. So new in fact, we are really not sure what they are called. While this concept is new, it is gaining acceptance nation wide as an alternative to the typical Self Storage rental model. Self storage is great and it does has its place in this world, but the main problem is self storage generally only has smaller units, designed for household storage. When you try to store a car or a large vehicle like an RV, there are few alternatives. The other issue is with Self Storage, your monthly costs generally escalate with little to no control on your part. That is a problem. Further, access hours and what you can actually do with your rental unit is very limited. These are problems we identified and solved with the creation of Storage Condominiums. Each unit is privately owned, very similar to a single family home. You get a Deed, title insurance, and transactions are handled through a title or escrow company. Access is generally 24 hours a day, and your unit usage is generally unrestricted, with just some common sense restrictions. The best part is you are insulated from continuing rental rate increases, and you can enjoy value appreciation while at the same time, reducing your monthly costs. Since you own your unit, you can improve it pretty much any way you wish. Add a loft, wet bar, epoxy or tile flooring, internet, TV, furniture and the list goes on. Storage condominiums fill the gap between Self Storage and full warehouses. Think of them as a personal warehouse, without the warehouse cost. Deeded ownership Title insurance 24 x 7 access Low monthly costs Full amenities High level of security Appreciation possibilities Financing Stable, predictable costs Asset class investment Clean Make it your own Man Cave

PROPERTY FACTS

Property Type Specialty
Property Subtype
Self-Storage
  • Specialty Parking Garage
  • Specialty Parking Lot
Building Class B
Lot Size 4.50 AC
Building Size 76,000 SF
No. Stories 1
Year Built 2020
APN / Parcel ID 677-531-046
Zoning Light Industrial
  • Listing ID: 14314241

  • Date on Market: 11/6/2018

  • Last Updated:

  • Address: 3690 Airport Center Dr, Palm Springs, CA 92262

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