Park Place RV Storage, Monroe

Yep, we’re about to close on a 116-space RV storage park including a commercial building. The plan is to operate the existing RV storage park while permitting a planned 55-unit townhouse development. Yes, the development value eclipses the value-in-use by over a million dollars, so the highest and best use theory says it’s time to redevelop this one. We’ve decided to go with condos because the road standards for fee simple development create a serious reduction in lot yield. Keep an eye out on this to show up in new permit activity news in Snohomish County!