400 County Road 129
Alvin, TX 77511
American Sportsman Boat & RV Storage · Specialty Property For Sale · 29,878 SF

SOLD. Pease do not respond to add while I attempt to get LOOP-NET to remove add for the 3rd time!!! American Sportsman Boat & RV Storage facility is located in the Friendswood/Pearland/Alvin, Texas area. The property sits on approximately 3.8847 +/- acres and consists of 11 structures (29,878 Sq Ft) comprising of the following units: 38-12’x40’ RV Covered units, 24- 12’x20’ enclosed units, 1- 3 Bay Door Shop(22’x65’) with half bath, 1- 2 Bay Door Shop( 18’x 50’), 1 Large Bay Door Shop (30’ x 40’) and 70 Open Parking Storage spots. The enclosed units were built in 88’. The RV Covered Units were built in 2016-18. Currently $10,651 Gross Monthly Rent Roll ( $127,812 yearly). American Sportsman Boat and RV Storage is of metal construction and has numerous amenities including, but not limited to, security lighting, perimeter fencing, video surveillance, septic system, water rights, and two electronically controlled access gates. The property is located ideally between Friendswood, Pearland and Alvin. It is in an ideal location for a Boat and RV Storage property because of the high deed restrictions among the cities mentioned. The facility is operated by an independent owner, is at 98-100% occupancy rates for the past several years, zero advertising and there is no website for the facility. The property offers an investor the opportunity to acquire a well-located asset within Brazoria County. CAP Rate is presently north of 10% NET. Rate increases set to begin October 1st, bringing the CAP Rate to +/- 12% NET.