Fulton Realty Capital advised a private client on the acquisition of a boat and RV storage complex in Arizona. Fulton's advisors sourced the off-market property, arranged CMBS financing, and negotiated the transaction.
With space for nearly 300 boats, as well as outdoor RV parking, the 140,000 SF complex fills a unique niche in a prime location. A stable asset in a mature market, the facility has historically maintained full occupancy. Professional management has already been secured to boost profitability through rent optimization, capital improvements, and the addition of new revenue streams.