Are you thinking of downsizing your house but need space for your toys? More and more car owners are buying garage spaces that fit multiple cars, boats, and RVs. These spaces offer a country-club atmosphere where you can mingle with other car enthusiasts. They can be sold like real estate, and the prices just keep going up.
Here are the top 5 garages and what they offer.
Motor Vault: Fountain Hills and North Phoenix. Sizes range from 19'x30' to 60'x50', and start at $208,800. Operates like a country club, with drives, events, and parties. Contact Julie at 602-325-8444.
Redhawk Garage Suites: North Phoenix. Customizable. Members club room. 27'x45' for $345,000 or 24'x50' for $410,000. Call 480-267-9800 .
Autobox: Scottsdale Airpark. Up to 1,500 square feet per unit. Units can be combined to make a larger unit. Owner's clubhouse. Call 480-426-1905.
Toybarn: Probably the most well-known luxury car garage, they don't have units currently available. 5 locations in North Scottsdale, Cave Creek, and Chandler. Units are 24x50 and 24x100. Owner's clubhouse. 480-419-0101.
Apex: Located on a track in Maricopa. 1,250 SF per unit, and they can be combined. Units are coming available at $600,000. You must be a member of the track club to buy a unit. It costs $60,000 to join and $7,000 a year after that. 855-404-7223.
What It Means to You
- Buyers: If you're still looking for homes with 5+car garages, I've got a free list of great homes I can send you.
- Sellers: If you're ready to downsize and buy a garage, find out what your home is worth.
