Premier RV & Boat Storage, located just 50 miles north of El Paso, stands as the exclusive Class-A facility in the Las Cruces market, poised to establish a new industry standard. This property, spanning 145,928 net rentable square feet across 8.4 acres, offers 346 units encompassing canopied and enclosed spaces, exclusively tailored for the market.
Having opened its doors in March 2023, the facility has already achieved a 20% occupancy rate by July 2023, steadily increasing at 5% per month while maintaining competitive market rates. Positioned across from the renowned Picacho Hills Country Club, Premier boasts exceptional visibility along West Picacho Ave, with a daily traffic volume of 18,000 vehicles.
Furthermore, the property enjoys seamless freeway access, situated just 2.9 miles southeast of the full interchange at 292 and Interstate 10, which sees a daily traffic flow of 25,000 vehicles. This strategic location offers direct accessibility to New Mexico State University and the bustling retail and commercial establishments in the vicinity.
The property’s composition consists of 248 canopied spaces and 98 fully enclosed units, complemented by an oversized, high-end office and an additional owner’s storage unit. Premier RV & Boat Storage provides a comprehensive suite of amenities, including an On-Site Dump Station, Air Station, Power Outlets for Battery Maintainers, and 24-hour Video Surveillance. Furthermore, the facility is fully fenced and gated, ensuring security and peace of mind for renters.
This premier facility not only offers an exceptional experience to its clientele but also presents a unique investment opportunity in the thriving Las Cruces market. With a promising growth trajectory and the flexibility to adjust rates as market conditions evolve, Premier RV & Boat Storage promises substantial revenue potential for years to come, making it an attractive prospect for investors looking to establish themselves in this high-end niche.