Description
Investment Opportunity!! RV storage project with a site area of 4.7 acres, located in Ferndale with lots of new residential development to draw on as a customer base within a five-mile radius. This project has completed its Site Plan Review with the City of Ferndale. It will have 120 enclosed units, heated and sprinkled. No wetlands on the property; a survey and infiltration study have been completed. Excellent CAP rate and low comparative construction cost make this project highly attractive. With a huge demand for RV storage solutions in the area, there is a strong potential for high profits & growth! All to be verified by buyer.
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0BEDS
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4.7ACRES
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0BATHS
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01/2 BATHS
Listing information ©2023 Northwest MLS. Listing courtesy of One Realty.
Sold by .Description
Investment Opportunity!! RV storage project with a site area of 4.7 acres, located in Ferndale with lots of new residential development to draw on as a customer base within a five-mile radius. This project has completed its Site Plan Review with the City of Ferndale. It will have 120 enclosed units, heated and sprinkled. No wetlands on the property; a survey and infiltration study have been completed. Excellent CAP rate and low comparative construction cost make this project highly attractive. With a huge demand for RV storage solutions in the area, there is a strong potential for high profits & growth! All to be verified by buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Jacob Neuman Real Estate | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-10-03T17:15:12.8. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-10-03T17:15:12.8. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.