Just when you thought it is safe to store your RV in San Bernardino County, Amazon.com moves as part of and buys out a big RV storage facility operated in Mission Viejo, Ca, displacing hundreds of stored RV’s. These dislodged RV owners are turning towards Monstore Garages for the stability your owned Garage Condominiums offer.
This is the time that is second type of bombshell has hit RV owners in San Bernardino County. The first being their eviction of over 2,200 RV’s resulting from the closure of the EL Toro Marine Base in San Bernardino County in October 2015. This latest closure brings the total RV storage space loss to over 2700 spaces, with zero substitution spaces being developed due to the very maximum 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, “Even though the closures tend to be unpleasant, people which have purchased their own storage are in a good position to not only control their costs, but to really benefit from the recent closures.” He continued, “holders are realizing increased values of their garage condominiums resulting from the extraordinary demand from 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 their 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, eliminating more than 2,200 RV storage spaces in 2015. Garages that come up for the resale often sell within hours due towards high demand and rarity of this concept.”
While owning your own garage condominium is single solution, there’s an problem that is inherit. Ted Deits said, “generating a garage condominium project in Ca takes three years from the you choose the land to completion. day” Ted continued, “While we are working on additional locations, there is no immediate solution for RV storage in the works for the the next some years.”
Dave Gandolfo of Monstore Garages, Palm Springs said, “We do have a garage that is few left in our phase one project currently under construction, but we’ve also 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 sell fast.”
We reached out to Greg Houge, President of Storage Etc, with 3,000,000 quadrate feet of self storage under his belt, asking planning their viability of building RV that is additional 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 quickly. Storage Etc. has over 1,000 legacy RV/Boat parking spaces in Southern California that would certainly not be feasible to build today.”