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RV Vault

Cape Coral-Fort Myers, FL
Self Storage
RV Vault

Deal Highlights

• Prime Opportunity to Lease-Up a Class A RV Facility in a Low Supply Market in Ft. Myers, Florida

• Significant Upside by Raising Rental Rates by 19 Percent to Reach Market Levels

• Phase Two Received C/O at the End of March 2022 Consisting of 60,000 Net Rentable Square Feet

• Facility is 96 Percent Covered Parking Totaling 98,864 Square Feet and 3,660 Square Feet of Uncovered Parking

• Excellent Annual Population Growth Rate of 3.41 Percent is Indicative of the Facility’s Desirable Location in a One-Mile Radius

• Dense Market with Over 260,000 Individuals Within Five Miles of the Subject Property

• Limited RV Storage Competitors Within a 10-Mile Radius Ensures a Significant Market Presence for Years to Come

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