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Old 02-04-2012, 02:21 PM   #1
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Found an RV Garage...almost

So I have been threatening my wife for years now with building an RV garage. At least 40x50 with all the bells and whistles. But even though we live on 10 acres, with woods, steep slopes, a creek, wetlands, and the NJ Highlands Act, my building envelope was severely limited.
Low and behold, I see in the paper 2 weeks ago, a 30-acre farm for sale about 2 miles from my house with a 46x62 ft. Morton building with heat, double sliders, mezzanine storage, etc. Since the owner was an excavator, there is a ton of gravel parking area around the building. There is also a 3-bedroom raised ranch house with a tenant. A dream RV workshop with rental income from the house!

What could be better? (for herÖ)

A tenant in the building too. With the two rents coming in and deflated real estate prices, itís a no brainer and we should close by the end of the month. However, I STILL donít get a place to work on the RV in the winter. Maybe eventually weíll put up another building.

But for my iRV2 friends, itís <1 mile off I-78 in NJ. So if you ever need a place to overnight, let me know.
Here are some pics:

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Old 02-04-2012, 02:37 PM   #2
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Looks great! Congrats, and we'll look you up if we're ever in the neighborhood!!
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Old 02-04-2012, 02:51 PM   #3
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Quote:
Originally Posted by RVThere View Post
So I have been threatening my wife for years now with building an RV garage. At least 40x50 with all the bells and whistles. But even though we live on 10 acres, with woods, steep slopes, a creek, wetlands, and the NJ Highlands Act, my building envelope was severely limited.
Low and behold, I see in the paper 2 weeks ago, a 30-acre farm for sale about 2 miles from my house with a 46x62 ft. Morton building with heat, double sliders, mezzanine storage, etc. Since the owner was an excavator, there is a ton of gravel parking area around the building. There is also a 3-bedroom raised ranch house with a tenant. A dream RV workshop with rental income from the house!

What could be better? (for herÖ)

A tenant in the building too. With the two rents coming in and deflated real estate prices, itís a no brainer and we should close by the end of the month. However, I STILL donít get a place to work on the RV in the winter. Maybe eventually weíll put up another building.

But for my iRV2 friends, itís <1 mile off I-78 in NJ. So if you ever need a place to overnight, let me know.
Here are some pics:

Tom, why can't you use the barn for your RV? Height problem I am guessing ?? Inquiring minds want to know.

Congrats on your purchase. Looks like a great property.
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Old 02-04-2012, 04:11 PM   #4
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Pusherman,

I can't use the building because of purely selfish financial reasons.

It has 14-foot doors on each side so plenty of room for the 13-foot motorhome to pull in. At 62 feet long, I'll have 10+ feet extra on each end for my 40-foot rig.

The rent on the house only pays about 80% of the mortgate, insurance, etc. With an additional rent stream from the building, the property becomes cash positive every month! So I can suffer outside a little longer!
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Old 02-04-2012, 04:21 PM   #5
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Nice property, but what is that white stuff on the ground?
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Old 02-04-2012, 04:55 PM   #6
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Pusherman,

I can't use the building because of purely selfish financial reasons.

It has 14-foot doors on each side so plenty of room for the 13-foot motorhome to pull in. At 62 feet long, I'll have 10+ feet extra on each end for my 40-foot rig.

The rent on the house only pays about 80% of the mortgate, insurance, etc. With an additional rent stream from the building, the property becomes cash positive every month! So I can suffer outside a little longer!
Tom,

Ahhh.... Now I get it! Thanks for the clarification.

Maybe the positive cash flow will allow the building of your NEW RV barn!
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Old 02-04-2012, 06:44 PM   #7
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Nice find Tom!!!! Now I have to look for something around here
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Old 02-04-2012, 06:53 PM   #8
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I think the shop renter is on borrowed time! Ha Ha. That is a nice shop, good move!
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Old 02-04-2012, 07:33 PM   #9
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Dang.. Wish I had an excuse to take I-78
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Old 02-04-2012, 08:55 PM   #10
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Nice find Tom. Maybe someday you'll get to enjoy it. In the meantime, enjoy the money.
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Old 02-04-2012, 09:29 PM   #11
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Congratulations
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Old 02-05-2012, 10:29 AM   #12
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Where do you get white gravel from?

Nice find.
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Old 03-01-2012, 03:36 PM   #13
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Update - We Bought the Farm!

Closed on the farm yesterday and brought the motorhome over to it's temporary home until it warms up. Worked out a deal with the building tenant to share the space until I get someone who will pay the full rent and get the full space.


Plenty of room and out of the weather. Supposed to rain on Saturday but I'll still get my oil and fuel filter changes done.


View out the back door. Hard to believe it's in NJ!
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Old 03-02-2012, 08:23 PM   #14
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Looks great ! I think you need to hire a facility manager. Where should I send my resume ?

When can I stop over to put a outlet on the side of that building?

Are you interested in having another tenant?
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