INVESTMENT OVERVIEW
Fairport Harbor, Ohio is a charming town located on the shore of Lake Erie, ideally situated near busy roads and highways for easy access to consumers. Located just minutes from these high traffic areas, this Boat and RV Storage location allow residents from both Painesville and Fairport Harbor easy access and convenience, enhancing the appeal to customers both near and far.
This property boasts 145 spacious spots for Boats and RVs currently rented with an average price per month of $43/unit. It is secure, well-maintained, and accessible. If an investor chooses to offer same size units, evenly distributed, approx. 110 units can be rented at a time. Sitting at nearly 84% physical occupancy, with extremely low rental rates due to long term discounts, a new owner/operator can adjust leases to a monthly standard which will in turn, immensely affect future income.
INVESTMENT HIGHLIGHTS
FACILITY SUMMARY
Property Name: | Fairport Harbor Boat & RV Storage |
Address: | Vacant lots located on East St, Fairport Harbor, OH 44077 Parcel # 14-A-025-A-00-005-0 and #14-A-025-B-00-013-0 |
County: | Lake County |
Land Size: | 3.03 Acres |
Total Units: | 145 Parking Spaces |
Physical Occupancy: | 84% |
Economic Occupancy: | 53% |
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735 Arlington Ave N, Suite 205
St. Petersburg, FL 33701
727.219.9051
FL License #CQ1059487