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Park ‘n Shade Boat & RV Storage – Marana, Arizona

7935 West Tangerine Road Marana, AZ 85658

Description

Read more about this closed sale here.

General Overview

The investment opportunity is an income producing RV & Boat storage consisting of 17 shade structures providing 100,700 rentable square feet on 10 Acres. There are a total of 453 covered parking spaces ranging in size from 10X20 to 12X70.

The property has excellent visibility with frontage on Tangerine Road just off of Interstate 10. This facility is well positioned to increase profits by expanding on advertising operations that were previously non-existent and by improving on the management structure in place at the time of the sale. Furthermore this facility stands to benefit from the rapidly expanding RV and Marine industries that have made astonishing growth since the 2008 financial crisis.

Market Overview

Marana is located in Pima County just North of Tucson. It is one of the fastest growing cities in the state. From 1990 to 2000 the city’s population grew an astonishing 520%. While this growth has slowed in comparison during the most recent decade it is still skyrocketing at 158% rate of growth.

 

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