Parking investing means owning parking facilities, surface lots or structured garages, that generate revenue from drivers paying to park, whether hourly, daily, or via monthly contracts.
Log in to followI've owned an 88-space lot two blocks off a core business district for four years. Right now 55 spaces are on monthly contracts at $145, and the rest run transient off a kiosk. Th…
I keep going back and forth on this one and now I have to pick a lane. Surface lot, 64 spaces, three blocks from a hospital campus and a transit stop. Asking $940k. My underwritin…
Looking at two deals in the same mid-size downtown and they've forced a question I can't resolve cleanly. Deal A: 180-space surface lot, two blocks from a hospital campus. Trailin…
An owner I've been sitting with has two proposals on the same 210-space surface lot in a courthouse and office district, and they are not remotely the same deal. Proposal one is a…
I'm four deals into small commercial and looking at parking for the first time, and the thing I can't settle is what kind of demand I actually want underneath a lot. Every listing…
Working out what a first parking deal actually costs to run and the payment system is the line I can't pin down. Small lot, 40 spaces, mix of hourly daytime and a handful of month…
I've got a 120-space lot on the edge of a downtown core, bought two years ago mostly for what it can become. There's a rezoning process running that could let a mid-rise happen on…
I do fast, thin deals in houses and I've never touched parking. Two things landed on my desk in the same week and they're pointed in opposite directions. One is a 19-space gravel…