Class-A, St. Louis MSA Combs Boat & RV Storage Opportunity – Imperial, MO
5501 Black Creek Rd, Imperial, MO 63052

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Price
Market Bid
NRSF
249,924
RV & Boat
Value-Add
Class-A RV & Boat Storage with 605 spaces
Extremely fast, first phase lease-up of 3 months
Population of 231,506 people within 10-miles
Interstate 55 sees 60,000+ vpd
Amenities include solar, electricity and dump station to name just a few

The Self-Storage Advisory Group of Cushman & Wakefield, in collaboration with Marla Čolić of Marcus & Millichap, has been selected to exclusively market the sale of Combs RV & Boat Storage, a Class-A RV Storage opportunity in St. Louis, Missouri.

Situated on approximately 15.1 acres and spanning just over 249,900 NRSF, Combs RV & Boat Storage offers a total of 605 RV & Boat spaces, both covered and uncovered. The first phase, completed in 2021
and consisting of 250 spaces, saw extremely fast, full stabilization within just 3 months. The current 61.7% physical occupancy is the result of the additional 10-acre expansion that the owners implemented less than a year ago due to the growing need for additional spaces within this market. This state-of-the-art facility also includes solar panels on a few of the canopies bringing the total electric bill down from $1800 per month to $80 per month, allowing for day one savings and increased revenue.

Interstate 55 sits directly adjacent to the Combs facility and allows for incredibly high visibility of the property from the 60,000+ vehicles that travel the interstate daily. The facility serves not only Jefferson County but also draws renters from Arnold which is the next town north of the facility. Combs RV & Boat Storage is the first Class-A RV Storage location situated south of South City and South St. Louis. The unrivaled location paired with a five-mile median household income and population of $80,416 and 73,954, respectively, represents just a few of the key drivers for the initial accelerated lease-up.

Combs RV & Boat Storage will allow an investor to realize significant revenue growth by implementing both rental rate and occupancy increases at the only true Class-A RV Storage facility within 10 miles. Additionally, with current amenities offerings including solar, trickle charge to each space, a dump station, ice, and True Grid, just to name a few, Combs RV is the true definition of a Class-A facility serving Class-A tenants.

Imperial, MO

  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Imperial, MO Self-Storage opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.



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