Car park investment offers investors the unique opportunity to enter a niche asset class which, in the past, has typically not been available for individual investors.
This form of commercial investment is the perfect addition for anyone looking to expand their real estate or alternative investment portfolio, due to its ability to generate higher yields than more traditional options.
Car park investment in a well located areas offer investors good returns, as the spaces themselves command a high premium.
And don’t be fooled by their small size! According to the International Parking Institute, the parking industry generated more than $20 billion annually in gross parking revenues.
What’s more, parking spaces require minimal maintenance, reducing maintenance fees for a truly hassle-free investment opportunity.
For those looking to enter a low entry option, car park investment is much cheaper than real estate or other alternative investments and offer investors a long-term, stable income stream.