Calvary Realty is pleased to present this Boat & RV Storage Development Opportunity in the City of Bakersfield. With a population over 381,000 residents, Bakersfield is the 9th largest city in the state of California.
This proposed storage site consists of 20 acres of land on Cottonwood Road. There is high demand for covered RV & Boat storage in the Bakersfield area that can be satisfied with this development. Most storage facilities are full as it relates to their covered and enclosed vehicle storage spaces. This project could hold over 900 RV & Boat units with around 400,000 rentable square feet. With rates for covered RV between $0.30 to $0.40 per square foot, monthly revenue will exceed $125K and annual revenue $1.5M!
Average cost for developing covered parking storage is around $20 / square foot.
The site is adjacent to Bakersfield Municipal Airport, Highway 58, and New Residential Developments.