RV Storage Depot – McClellan Park

The asset before. A former aviation hangar at the decommissioned McClellan Air Force Base in Sacramento — industrial building stock with a specific-use history and no obvious second life. The kind of asset that sits on a broker's shelf because the highest-and-best-use question doesn't have an easy answer.

What we did. Ramser Development Company entered a joint venture with McClellan Business Park to convert the hangar to indoor RV and boat storage. The conversion began in 2013. It took a concrete tilt-up industrial building and repurposed it for fully enclosed vehicle storage, a use that fit the structure's clear-span interior and the submarket's demand better than a warehouse repositioning would have. The facility later moved to its current site at 4805 Urbani Way in McClellan Park.

The asset now. The facility operates as RV Storage Depot – McClellan Park: indoor, fully enclosed, valet RV and boat parking. It is one of the largest fully enclosed indoor valet RV parking facilities in Sacramento. As of October 26, 2026, it was about 94% occupied across 320 indoor valet spaces, the highest occupancy of RDC's California RV facilities. RV and boat owners can reserve a space at McClellan Park on the RV Storage Depot site.

Why it's evidence. This is what vertical integration looks like on a single asset. RDC didn't underwrite a stabilized building and buy the cash flow. It took an industrial building with a dead use, structured a partnership to convert it, executed the conversion, and now operates it — gate, valet, rent roll and all. The occupancy figure isn't a projection in an offering memorandum. It's an operating result the firm can show a broker or a principal today.

For a seller of a storage asset, or a JV partner weighing a conversion play, McClellan Park is the reference case for our value-add approach: a building most buyers would pass on, turned into a stabilized operating facility by an operator who does the work rather than allocating around it.