Highway 65 Storage Condominium Frequently Asked Questions

Q: Can I live in my unit?

A: No. There will be a "Deed Restriction" placed on the property prohibiting living in a unit. The CC&Rs will reflect the restriction as well.

Q: Can I use my unit for a hobby workshop?

A: Yes. This is exactly the type of use we would encourage. With the provided lighting and electrical outlets in the unit, this would be a perfect place to work on hobbies or small projects.

Q: Can I work on my vehicle in my unit?

A: Yes, the spaces and facility will accommodate this type of activity. However, working on any vehicle outside of the spaces will be strictly prohibited, with the exception of using the wash and detail area located on the property.

Q: Can I rent out my unit?

A: Yes. There are no restrictions in renting out your space. There has been strong interest by some investors who would like to purchase multiple spaces for just that purpose. Remember that this is an investment property and can be used as a source of income if you make it happen. Whoever is renting your spaces will be required to comply with all HOA and CC&R standards.

Q: What kind of security will there be?

A: Security is one of our top priorities. Security cameras will be placed on site to cover all the common areas, as well as at the entrance and exit areas of the facility. Activity will be recorded and the system will log the entry and exit times of each person visiting the property. Each member will have his/her own security code and clubhouse/business center access keys. Additionally, owners will have the option of viewing the security cams live via the Internet. One of the options available will be placing an additional camera into your private space.

Q: Will there be financing available?

A: Yes. We have several lenders who have expressed an interest in financing the units. We plan to offer 80% financing, and possibly up to 90% if market conditions allowed it. One financing option is to use the equity in your home. Not only is it likely the interest rate will be much better, loan costs are typically lower and the interest paid might be tax deductible. Please consult with your tax professional.