Speciality Storage: RV + Marine

July 29, 2020
1:00 PM - 2:00 PM ET
Webcast

Speciality Storage RV Marine Exotics is expected to provide both significant capital appreciation and cash flow. We are capitalizing on several trends: Tremendous growth in the demand for recreational vehicles ($16 billion market) and boats with an increasing desire to live a mobile lifestyle; Covid-19 has accelerated telecommuting and emphasized benefits of exploring America; there is currently minimal competition and a shortage of high security, luxury amenity, enclosed RV, boat and exotic car, individual unit storage in Las Vegas with the closest facility 17 miles away from our location; Our location is close to both Lake Mead and the Las Vegas Strip with high car traffic counts.

  • Management team has successfully redeveloped and is the owner/operator of 4 self storage facilities throughout 3 states (Nevada, Utah, Arizona)
  • Storage has consistently been a Recession resistant business, historically
  • Project value expected to increase 2x–2.5x of total build and land cost upon completion (capital appreciation)
  • Mercadyne Automated Properties facilities have historically appreciated 2x-3x in 5 years
  • Significant opportunity to further increase in value as neighborhood becomes regentrified
  • Project contains approximately 48,000 net rentable sqft, expected to produce significant monthly cashflows upon stabilization. Lot size of 2.33 acres (101,495 SF).
  • Affluent clientele for this storage product type leading to high occupancy and minimal price sensitivity
  • Competition is limited, with currently one dedicated enclosed RV and Marine storage facility, with individual units, across the entire 135-square miles of Las Vegas, NV
  • Land Purchase Price $7.38/Sqft.  8 other property comparables now selling at an average of $15.34 /Sqft

Event Recording

Introduction to the Surging RV & Marine Storage Market" David N. Baker, Managing Member

00:59:40

Speaker

  • David N. Baker

    Title
    Co- Founder & CEO
    @
    Company
    Issuer Pixel
    Role
    Speaker

    David co-founded Revere Data LLC (fka Sectorbase), which was eventually acquired by Factset Data Systems, Inc. David's 29-year career includes leading three hedge funds, proprietary trading, investment banking, and securities brokerage. He is responsible for the overall success of Issuer Pixel.

About

Issuer Pixel

Issuer Pixel is a global company and industry-specific video and audio sharing platform connecting companies to the world. Our video/audio platform is built on a searchable database of industry taxonomies organized by industry, sector, group, product, service and company.

Our mission is to enable every company in the world to be found and communicate utilizing the power of video and audio for global exposure. To democratize the ability of companies, venture stage, small cap and micro-cap, foreign private issuers, companies of any size, at any stage, in any country, to gain awareness, establish sponsorship, forge partnerships, create supply chain relationships and access capital. We are harvesting unstructured data and harnessing the power of relevance and congruity to find or be found.

Our platform utilizes patent-pending technology which leverages the power of machine learning and AI. Issuer Pixel has chosen to use the Omnibus patent application approach with 6 patents planned at this time, and with our first Utility patent filed and pending. The remaining 5 patents are being prepared and will be strategically filed.