goHomePort, the parent company of RV storage, rentals and service/repairs businesses, announced it recently closed on an acquisition in West Sacramento, California, which expands their storage portfolio to 11 properties located across five states — Arizona, California, Colorado, Missouri and Mississippi.
goHomePort West Sacramento, formerly known as Southport Self Storage, provides a variety of storage options including oversized enclosed units, canopy spaces, uncovered spaces and mini storage units. As part of their growth plan, goHomePort said it is seeking to scale a portfolio of premier RV and boat storage facilities in major markets across the country over the next several years.
“We are excited about this acquisition as it represents the type of best-in-class property we are seeking to acquire at scale. The infill nature of the property presents significant barriers to entry for new supply, which should further support the strong demand for RV storage, commercial storage and self-storage in the area. Additionally, the property provides the opportunity for us to implement our goHomePort RV Service and Repairs business. Our priority is to become the trusted partner for RV owners, from storage to service, making RV ownership easy.”
Rew Goodenow, goHomePort’s counterparty in the transaction, said, “goHomePort approached us directly regarding a transaction, and it was a pleasure to work with them. There was added complexity to the transaction since this was a probate sale, and goHomePort was flexible in working through these challenges. I’m confident they will be great long-term stewards of the asset.”