Just when you thought it was safe to store your RV in San Bernardino County, Amazon.com moves as part of 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 this type of bombshell has hit RV owners in San Bernardino County. The first being their eviction out of over 2,200 RV’s resulting from the closure of the EL Toro Marine Base in San Bernardino County in 2015 october. This closure that is latest brings the total RV storage space loss to over 2700 areas, with zero substitution spaces being developed due in order to the extremely maximum cost of land in San Bernardino County.
Monstore Garages, the most 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 recent demise of rental RV storage.
Dave Gandolfo, its developer stated, “Even though the closures are unpleasant, people who have purchased their storage are in a good position to not only control their costs, but in order to actually benefit from recent closures.” He proceeded, “Owners are realizing increased values of their particular 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 appreciation that is digit 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, getting rid of over 2,200 RV storage spaces in 2015. Garages that come up for resale often sell within hours due toward popular and rarity of this concept.”
While owning your own garage condominium may be 1 solution, there is an inherit problem. Ted Deits said, “generating a garage condominium project in The state of california takes three years at the day you choose the land to completion.” Ted proceeded, “While we are working on additional locations, there is no immediate solution for 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 always 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 potential relief in sight, although the demand is quite high and these garages will promote fast.”
We reached out to Greg Houge, President of Storage Etc, with 3,000,000 quadrate feet out of self storage under his belt, asking regarding their viability of building additional RV storage properties in San Bernardino County. Greg said, “With the cost of land in most Southern California markets, generating additional RV parking spaces just isn’t feasible, and it certainly does not happen quickly if it is. Storage Etc. has over 1,000 legacy RV/Boat parking spaces in Southern California that would definitely not be feasible to build today.”