Greenville MSA Boat & RV Portfolio

Property Addresses: 2200 W Georgia Road, Simpsonville, SC 29680 | 2764 S Old Hwy 14, Greer, SC 29650

Oakside is pleased to present the Greenville MSA Boat & RV Portfolio, a two-property offering totaling 397 units and 63,331 NRSF across Simpsonville and Greer, South Carolina, within the high-growth Greenville-Anderson-Greer MSA, a Sunbelt market projected to surpass 1 million residents by 2027. The portfolio pairs West Georgia Road Storage, a drive-up and RV/boat parking facility on 9.21 acres along a corridor carrying nearly 19,000 vehicles per day, with Hwy 14 Boat & RV Storage, a predominantly enclosed and covered RV/boat facility on 6.03 acres fronting State Highway 14 at 21,500 VPD. Together the assets offer a diversified mix of drive-up non-climate, covered and fully enclosed parking, and open RV/boat storage, and are currently operating at 93% physical occupancy by units (96% by area) and 78% economic occupancy - presenting a clear opportunity to drive revenue through rate increases and lease-up, with in-place rents running roughly 11% below market across the portfolio. Both sites are well maintained with no significant near-term capital needs and benefit from strong visibility along high-traffic corridors, allowing an immediate focus on income growth. Additionally, the West Georgia Road property offers a compelling expansion opportunity with approximately 50,000 NRSF of additional covered parking or drive-up potential over existing outdoor parking. With historically strong occupancy under local ownership, minimal marketing spend, and multiple avenues for income growth, this portfolio offers investors a rare combination of stable in-place cash flow and meaningful upside through revenue optimization and expansion.