Professional Equities - December 2019

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FROM THE DESK OF Bill Moist

WHY NOW IS THE RIGHT TIME TO “BUILD LUXURY RV RESORT AND STORAGE”

LUXURY RV RESORT AND STORAGE

What is a luxury RV resort and storage? First, it would offer what many RV (recreational vehicle) owners desire, but is not offered in the marketplace. Second, it would be amenity driven luxury development. What RV owners want but can’t find was actually discovered at the post office. The postal clerk had a friend who had just purchased a fifth wheel RV. The new owner was excited about her purchase until she discovered that backing it into a parking storage unit was not easy to do. So, she went looking for a pull-through and discovered they are very rare. The storage fee for a pull-through was almost as much as the payment for her brand-new RV. Our research assistant found only five pull-through RV storage units in NorthTexas, and they were all rented. So, we included pull through rental units in our development.

Families often travel hundreds of miles to be together during the holidays, and many people fly to their destinations. This fast, easy, and safe way to travel has carried thousands of people across the skies for the holidays thanks to the tireless efforts of two brothers who made the first recorded aircraft flight over 100 years ago. On Dec. 17, 1903, Orville andWilbur Wright made the first flight in a self- propelled, engine-powered aircraft near a small town called Kitty Hawk. Orville piloted this 12-second flight when the aircraft flew 120 feet before coming back to the ground. Orville andWilbur traded off as they tested their first airplane, making three more flights that day. Wilbur, who piloted the last test, kept the plane in the air for 59 seconds and covered 852 feet. The Wright brothers spent the following years discreetly perfecting their aircraft. Their secrecy allowed them to obtain the patents and contracts they needed to improve their aircrafts and continue testing. A couple years after their first flight, they designed a plane that stayed aloft for 39 minutes and maneuvered more THE FIRST FLIGHT W hat the W right B rothers M ade P ossible

Our planned amenities for RV resort and storage renters include:

• • • • • • • •

Dog park

Electricity provided to all storage and rental pads

Ice machine Postal center

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Clubhouse

WiFi

Bath rooms and private showers

Fitness center Gated entry Bocci ball court

• •

Laundry

Splash pad water spray- ground (kids love it)

Paved drive and parking

This luxury RV resort and storage has somuch going for it. How can an investor or user not get excited?

–Bill Moist

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(817) 657-4080 • 1

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