Take Cover Storage

Property Highlights

• Convenient access to Lake Keowee from Highway 28 with 21,000 VPD.
• Total renovation over the last five years to become the premier boat/RV storage facility in the area.
• 65 acre parcel allowing for expansion/multi-use development.

Market Highlights

• Drawing tenants from the Greenville/Simpsonville MSA more than 50 miles away from subject property.
• Positive population growth in the 1/3/5M radius.
• Median household incomes of 1M: $62k 3M: $49k 5M: $47k
• No future RV/self-storage developments within a 5M radius.

Financial Highlights

• Fully stabilized Boat/RV component with trailing 90%+ occupancy.
• Significant value add as climate self-storage component continues to lease up.
• Rental income has increased by 28% in the past 6 months.
• 14,000 square footage expansion that can be utilized for offices or self-storage expansion.

Location