$3 Million Boat and RV Storage Acquisition in Florida

By Trevor Damyan, Commercial Mortgage Broker at Commercial Lending Solutions

A $3 million boat and RV storage acquisition in Florida typically fits a smaller mixed outdoor and covered storage facility on 3 to 8 acres serving Gulf Coast and recreational markets. Most $3M Florida boat and RV storage acquisitions fund through SBA 504, specialty self-storage banks, or DSCR programs.

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What a $3M Boat and RV Storage Capital Stack Looks Like

$3M Florida boat and RV storage acquisitions fund as SBA 504 for owner-operators or specialty self-storage debt.

Capital Source Rate / Cost Size / LTV Notes
SBA 504 (owner-user) Bank 1st 7.00% / CDC 5.85% fixed $3M / 90% LTC Owner-operator only
Specialty self-storage bank 7.65 to 8.85% $3M / 65 to 75% LTV Stabilized boat/RV storage
Bank balance sheet 7.45 to 8.65% $3M / 65 to 70% LTV Depository relationship
Bridge debt fund 9.00 to 11.50% $3M / 70 to 80% LTC Lease-up or value-add

Pricing reflects active CLS CRE quote pipeline as of April 2026. Specific deal pricing depends on sponsor, property, and structure.

Who Closes a $3M Boat and RV Storage Deal

Typical $3M Florida boat and RV storage sponsors are first-time owner-operators or established storage operators expanding into specialty storage. Gulf Coast and Florida lake markets benefit from RV ownership growth and boat storage demand.

A Real $3M Example

On a $3.4M acquisition of a 220-unit boat and RV storage facility on 5.5 acres in a Gulf Coast Florida market, the sponsor was a first-time storage operator with prior small business operating experience. SBA 504 at 90 percent LTC financed real estate plus modest equipment additions.

Anonymized. All deal references protect borrower and lender identity.

$3M Boat and RV Storage Florida FAQ

Florida benefits from coastal recreation demand, RV ownership growth post-2020, retiree demographic concentration, and limited household storage capacity for boats and RVs.
Yes for owner-operators at 90 percent LTC. SBA 504 is widely used for boat and RV storage acquisitions and ground-up construction.
Coastal Florida insurance pricing has risen materially post-2022. Sponsors model elevated insurance costs into operating economics.

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