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Updated 2 days ago on . Most recent reply

User Stats

23
Posts
5
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Brandon Jack Reneau
  • Real Estate Agent
  • Conroe, TX
5
Votes |
23
Posts

Boat/RV Self Storage Joint Venture

Brandon Jack Reneau
  • Real Estate Agent
  • Conroe, TX
Posted

We have plans that are currently being tweaked to build a boat/Rv self storage facility 1.5 miles away from the main boat ramp near a popular lake. This is on 4.2 acres with 152 units and 65,100 covered sqft (this will most likely change) 

We are considering finding a partner and creating a JV. This is our first deal and we have no experience but the numbers look great and the demand is there.

What is the best route to finding a partner? I know this deal may be too small for some developers but I would prefer to partner with someone that has experience. I am confident I can get the funds from friends/family but I hear that isn't always the best route on your first development. 

Most Popular Reply

User Stats

227
Posts
149
Votes
Gustavo Delgado
  • Houston, TX
149
Votes |
227
Posts
Gustavo Delgado
  • Houston, TX
Replied

Nice, I would like to invest in something like this

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