Why Invest in Parking?

 

Simple, it’s currently the most lucrative real estate market, and likely the only profitable real estate market in this economy.  

 

It has been calculated that the world’s population will to grow by 150% within the next 40 years, which of course affects the larger cities most.  Since major cities build up and not out, the result is diminishing available parking, and a reliable increase in value on the parking that is available.  This is a great investment for everyone. We provide parking investments for individuals and companies that are looking to put their money into a secure real estate investment.  We have locations that are Triple AAA parking garages, with stalls starting from the Mid Twenties up to parking areas available from 100mm+.

 

 

Best way to advertise

 

ParkingBroker.com is motivated to sell all parking spaces, and provide the following incentives:

-       Save money by not having expensive print adds

-       Save money by not having radio spots

-       Save thousands in commissions

-       We take care of everything and deliver qualified buyers to you

 

 

Common Scenarios

 

Scenario 1:

Any urban high-rise building under construction always has additional area where parking is available it is just not utilized, as stalls are only assigned to the number of units in the building.   

 

 

Issue 1:

After the high-rise has been constructed, the developer quickly closes the project; leaving extra parking space available.  This space is not utilized as it is not contracted with the number of units in the building.   

 

The situation the developer has is:

1.       After the completion of a construction project the sales staff has already moved on to their next project and has left the site.

2.       The general public doesn’t know where they can find parking that is located in other condo buildings.  Parking could be available right across the street of where you live.

3.       It is difficult to advertise available parking stalls.

 

Issue 2:

Prior to ParkingBroker.com there was no efficient and low cost way to advertise available parking in Chicagoe is no efficient, timely, cost effective way to market and sell the parking, time is wasted and the developer is forced to go the auction route to monetize the stalls. This hurts. After a significant marketing expense and more time elapsing, the stalls generally sell at auction for a discount of 50% or more.

 

 

Scenario 2:

Often people have available space where others can park, either at their home or within their condo building. 

 

Issue 1: Parking is difficult to advertise for. 

Issue 2: People are not able to profit from their available parking space.