Joe DownsCEO & Co-Founder, Belrose Storage Group. Founder, Storage Moguls.

Why New Ordinances Are a Gift to Boat & RV Storage

24 Mar 2026 · 1 min

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New municipal ordinances consistently favor boat and RV storage operators by restricting where vehicles can be parked. As institutional investors move into smaller facilities and tertiary markets, returns compress, but opportunities remain for operators who've completed the Storage 100 program.

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Every new order— ordinance that a municipality puts out is a gift to boat and RV operators. The regulation trend is one-directional. Third, the REITs haven't arrived in force yet. Self-storage is now dominated by institutional capital at the mid to large facility level, and they're starting to take a peek at the smaller facilities and tertiary markets where my company operates. And that's compressing returns significantly in those sectors. There's still plenty of great opportunities out there. I don't want to dissuade anyone who just finished the Storage 100.