investment highlights
- NEW CONSTRUCTION // The facility was completed and opened in 2023. In November 2024, canopy structures totaling an additional 64,260 NRSF were added.
- CLASS A RV STORAGE FACILITY // The facility offers paved parking spots with both open and canopy options. It also has tenant amenities including a dump station, resident manager, air fill station, propane refill station, and a keypad controlled electronic gate.
- AREA GROWTH // The facility is located within a master planned community with plans for a 260-space RV resort, 328 single family home lots, 474 multi-family units, and an RV service center.
- PRIVATE SELLERS // The current owners live out of state focusing on their farm business and have visited the facility once in the past 14 months.
- STRATEGIC LOCATION NEAR SEDONA // The facility is located in the Verde Valley of central Arizona, a popular camping destination. Nearby Sedona (17 miles) attracts 3,200,000 annual visitors.
- EXPANSION POTENTIAL // There is opportunity for expansion by adding additional canopy structures over the current open parking. Since opening the canopy structures in Nov. 2024 they have leased up to 38 percent occupancy in just seven months (as of Jun. 2025) at rates double the open parking. The property is in an opportunity zone.
property summary
Boulder Creek RV Storage is a 495-unit, 232,680 rentable square foot RV Storage facility located in Camp Verde, Arizona. The property sits on around 12.39 acres of land and was completed and opened in May 2023 with 100 percent open parking. Due to customer demand, the canopy structures were added in November 2024. Currently the unit mix consists of 364 units totaling 168,420 square feet of open parking on pavement and 131 units totaling 64,260 square feet of covered canopy, also on pavement.
Boulder Creek RV Storage has many amenities including a gated entry with a digital keypad, a professional onsite management office, an onsite managers living quarters with two bedrooms, 24/7 video surveillance throughout the facility, paved driveways, 10 foot perimeter chain-link fence, dump station, and an air fill station.
Boulder Creek RV Storage is strategically located in Verde Valley of central Arizona. The area has numerous world class RV Resorts and is a popular camping destination because of it’s outdoor recreation and milder weather compared to a Phoenix summer or a Minnesota winter. Nearby Sedona (17 miles away) has 3,200,000 annual visitors. 25 percent of current tenants live out of state and another 25 percent live in Phoenix MSA. A 2,000+ home community called 89th and Vine was recently approved for construction eight miles north.