RV/boat storage as value add in Columbus Ohio

RV/boat storage as value add in Columbus Ohio

Rental Property Investor · San Francisco, CA · Member since 2017 · 207 posts · 138 votes

I have extra land space in Columbus Ohio.  How much would you charge for RV or Boat space? Where would you market? 

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Specialist · Charleston SC · Member since 2016 · 73 posts · 42 votes
5y

@Angela Yan

The quick answer, I can’t tell you. Take a look at the market rates around you that are being offered. If there are non that if fantastic, that means there should be demand and you can set price.

As a rule of thumb with driveway aisles and turning radius you can fit about 50 spots give or take per acre.

Focus on marketing online. The physical location is playing less of a factor these days and online marketing is the main presence now.

Hope this helped.

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  • Investor · Morrison, CO · Member since 2015 · 221 posts · 177 votes
    5y

    @Angela Yan, I think it depends on the ease of access, security at the property, any covered spaces? I think the security being the biggest piece of that.

  • Rental Property Investor · San Francisco, CA · Member since 2017 · 207 posts · 138 votes
    5y

    it would be behind a gate with 24/7 access. 

  • Specialist · Charleston SC · Member since 2016 · 73 posts · 42 votes
    5y

    @Angela Yan

    The quick answer, I can’t tell you. Take a look at the market rates around you that are being offered. If there are non that if fantastic, that means there should be demand and you can set price.

    As a rule of thumb with driveway aisles and turning radius you can fit about 50 spots give or take per acre.

    Focus on marketing online. The physical location is playing less of a factor these days and online marketing is the main presence now.

    Hope this helped.

  • Rental Property Investor · Charlotte, NC · Member since 2017 · 271 posts · 259 votes
    5y

    @Steve Cheslock I’d second that. Look at your market rates and decide if you want to lower prices, match or raise them based on location, amenities, etc.

    Also, we just had our civil engineer do a 1 acre lot optimized for RVs. We ended up with 30 spots with adequate turning radius for everyone.

  • Rental Property Investor · San Francisco, CA · Member since 2017 · 207 posts · 138 votes
    5y

    Anyone here have experiencing putting RV/ mobile hook ups for modular? 

  • Specialist · Charleston SC · Member since 2016 · 73 posts · 42 votes
    5y
    Originally posted by @Jim K.:

    @Steve Cheslock I’d second that. Look at your market rates and decide if you want to lower prices, match or raise them based on location, amenities, etc.

    Also, we just had our civil engineer do a 1 acre lot optimized for RVs. We ended up with 30 spots with adequate turning radius for everyone.

    @jimkittridge is right on with second part. Lot dimensions will play a HUGE role in determining how many spots you can fit. 

  • Real Estate Broker · Northeast PA · Member since 2017 · 2k+ posts · 2k+ votes
    5y

    @Angela Yan

    Before you go any further, best to check with your local zoning office.  

  • Investor · Columbus, OH · Member since 2017 · 861 posts · 1k+ votes
    5y
    Originally posted by @Angela Yan:

    Anyone here have experiencing putting RV/ mobile hook ups for modular? 

     check zoning, not a lot of places in columbus that will allow hookups. Boat storage is also a zoning issue, need to be zoned appropriately. As for pricing, there is a boat storage (or sales?) place at the southwest corner of Westerville Road and Morse Rd if i remember right. I would call and pick their brain about prices and demand. Columbus really doesnt seem to be a boat or RV town to be honest. 

  • Marc RiceBusiness Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2018 · 2k+ posts · 1k+ votes
    5y

    @Angela Yan

    Post on Craigslist or Facebook marketplace or join a local “RV” or “boat” group in Facebook and post what you’re offering. Probably don’t want to deal with all the nuances of having it zoned for an RV so may want to just offer it as basic storage.

    Marc Rice | Investor Friendly Agent at Reafco Tailwind Team574 Reviews
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