FreeUp Storage Boat Club Road
Fort Worth, TX
Spartan Investment Group acquired a 218-unit existing RV & Boat Storage facility in Fort Worth, TX. At the time of acquisition, the facility was underperforming and experiencing low economic occupancy. The Spartan Investment Group team plans to deploy significant operational improvements to the facility and increase economic occupancy. Spartan Investment Group will also deploy capital improvements to the facility and bring the facility up to market standards.
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62,000 GSF
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Operational Improvements
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Increase Economic Occupancy
FreeUp Storage Boat Club Road
Commercial operation of an RV & boat storage facility involves managing daily rentals, ensuring top-tier security, and maintaining the premises. It includes optimizing space utilization, implementing effective marketing campaigns, and providing excellent customer service. The goal is to maximize occupancy and revenue, offering secure and convenient storage solutions for recreational vehicles and watercraft.
Target Timeline
This investment features a 4-year projected hold period, with plans for disposition in the fourth year to realize returns.
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