Just when you thought it is safe to store your RV in San Bernardino County, Amazon.com moves inside and buys out a spacious RV storage facility operated in Mission Viejo, The state of california, displacing hundreds of stored RV’s. These dislodged RV owners are turning towards Monstore Garages for the stability it owned storage Condominiums offer.
This is the second time our type of bombshell has hit RV owners in San Bernardino County. The first being a eviction concerning over 2,200 RV’s resulting from the closure of the EL Toro Marine Base in San Bernardino County in October 2015. This closure that is latest brings the total RV space space loss to over 2700 areas, with zero substitution spaces being developed due towards the very high cost of land in San Bernardino County.
Monstore Garages, the Garage Condominium development in Palm Springs, California (which sells enclosed RV and car storage spaces to RV and car collectors), is one of the benefactors of the demise that is recent of RV storage.
Dave Gandolfo, its developer stated, “Although the closures are unfortunate, people whom have purchased unique space are in a position that is good not only control their costs, but towards even benefit from the recent closures.” He continued, “Owners are realizing increased values of their particular garage condominiums resulting from the demand that is extraordinary the recent closures and high storage costs.”
Ted Deits, the Developer of Eucalyptus at Beaumont, another Garage Condominium facility in Beaumont California, stated, “Our facility has seen double digit appreciation over a last 5 years, due in part to the closure of many rental RV storage facilities, most notable being the El Toro Marine Base RV Storage closure, the removal of during 2,200 RV storage spaces in 2015. Garages that come up for resale often sell within many hours due towards demand that is high rarity of this concept.”
While owning your own garage condominium may be one solution, there is an inherit problem. Ted Deits said, “Building a garage condominium project in The state of california takes three years from the day you choose the land to completion.” Ted continued, “While we are working on additional locations, there is no solution that is immediate RV storage in the works for the next some years.”
Dave Gandolfo of Monstore Garages, Palm Springs said, “We do have a few garage condominiums left in our phase one project currently under construction, but we have besides expanded to another 35,000 square feet in our phase two to begin construction in early 2020.” Dave continued, “Phase two will take about 10-12 months to complete, so there is some relief that is potential sight, although the demand is quite high and these garages will offer fast.”
We reached out to Greg Houge, President of Storage Etc, with 3,000,000 square feet concerning self storage under his belt, asking regarding a viability of building additional RV storage properties in San Bernardino County. Greg said, “With the cost of land in most Southern California markets, creating additional RV parking spaces just isn’t feasible, and if its, it certainly does not happen fast. Storage Etc. has over 1,000 legacy RV/Boat parking spaces in Southern California that would certainly not be feasible to build today.”