Condo'ing storage spaces?

[Sue]

Anyone every heard of this? I have some people who want to develop a property with storage units for RV's and then sell them individually with a homeowners assoc to take care of all the common infrastructure.

I have this vision of a dump in 20 years...who is going to want to spend money to upkeep a property where they store their RV?


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[Jeff]

I have this vision of a dump in 20 years...

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I have this vision of a great place to dump a body...

Or throw a kegger if I was in high school still...

 

[PlannerByDay]

Anyone every heard of this? I have some people who want to develop a property with storage units for RV's and then sell them individually with a homeowners assoc to take care of all the common infrastructure.

I have this vision of a dump in 20 years...who is going to want to spend money to upkeep a property where they store their RV?


8-{}

Never heard of such a thing. But I can see it beign a more common thing as the baby boomers age and they take a RV south for the winter and return north, then have no place to store the monster.

Yes, I suppose it could become a dump in 20 years but with a properly written owners association agreement and long term maintenance agreement with a property management company the chances are reduced.

Interesting Post. I too would be interested in know more about this.

 

[Cardinal]

I remember something like this with boathouses not long ago. In Wisconsin perhaps?