Cost to build an RV Storage from Raw Land

[Yissell Torres]

Hi Everyone,

New to BP, but not to investing.  I've had my fair share of flipping houses.  But now I want to dabble a little bit in an RV Storage venture.  Just acquired 12 acres just 35 mins from Austin Texas, on a major highway.  No zoning restricting or building restrictions.  The land is seller finance for 12 months with a balloon payment.  We are using equity from one of our rental to pay it off at the end of the term.

We are only going to use 3 acres of the 12 acres, to use for the storage project, and for the RV Resort the remaining usable space. The storage is going to offer 50 spots, 25 covered, 25 uncovered, basic gravel, chain link fence, and surveillance.  

How much does it cost to get such a project started?

Or if you've invested in these types of projects, and PROS and CONS.

Looking forward to learning from the collective wisdom.

Yissell