State of Idaho Enters the RV Storage Business
Residents usually turn to their state government for hunting tags or boat licenses.
But to store RVs, motorcycles or boats?
Idaho just paid $2.7 million to buy Affordable Self-Storage in the sprawling suburbs southwest of Boise’s downtown with bays big enough for a motorhome – for just $226 a month, KHQ-TV, Spokane, Wash., reported.
In a bid to boost investment returns, the agency that oversees Idaho’s endowment lands to benefit public schools added the 400-plus unit warehouse storage facility in August to its stable of properties that already includes offices, parking garages and grazing land.
George Bacon, Lands Department director, says the purchase was part of efforts to build diversity into Idaho’s land portfolio.
Still, some are concerned about Idaho going into competition with the private sector and taking properties off the tax rolls.