BIG TOY Storage Condos      218-844-TOYS

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BIG TOY Storage Condos, LLC

218-844-TOYS

 

 

WHAT IS A GARAGE CONDOMINIUM?
A custom storage garage that you own located on common property. At closing you will receive a warranty deed just like any other property purchase. Resale works the same as any property sale and you can even hire a realtor. Why pay someone else to store all of your RV�s, boats, trailers, cars, campers, furniture, seasonal decorations and water toys. In fact, many businesses purchase storage garages to keep their inventory and supplies. The best part (after having plenty of storage space) is: NO MAINTENANCE! The Condominium Association provides the upkeep and snow removal. 

CAN I HAVE A WORKSHOP and/or LOFT?
Yes! Inside the building you may divide or finish any way you choose; however, no exterior changes are permitted. You may also add heat and air conditioning.

WHAT ABOUT UTILITIES?
Each garage is metered individually.

CAN I OPERATE A BUSINESS FROM MY GARAGE?
NO. However, you can store business inventory, materials, supplies, etc. Our owners wish for quiet enjoyment of their garages and our Condominium by-laws prohibit operating a commercial business from this location.  

WHO PAYS TAXES?
Each garage owner will pay Becker County Real Estate taxes on their own unit.  

DO I HAVE 24/7 ACCESS TO MY GARAGE? YES!

HOW MUCH ARE CONDOMINIUM ASSOCIATION DUES?
Each garage owner will pay a nominal fee (est. $20/mo) to the Association to cover insurance, grounds maintenance, common utilities, snow removal, etc. 

WHAT DOES THE CONDOMINIUM ASSOCIATION DO?
The Association operates as an organization with officers and voting members according to the state mandated by-laws. Each garage owner gets 1 vote in any decision members choose to make.

CAN MORE THAN ONE PERSON PURCHASE A GARAGE?
Yes, as many as you would like, sharing as it suits your needs. However, voting rights are per unit, not per shared owner. If there are 3 owners purchasing a unit they must agree and then cast 1 vote.

IS FINANCING AVAILABLE?
Most lenders will be able to finance your garage. Big Toy Storage Condos, LLC works exclusively with the State Bank and Trust in Detroit Lakes. They are familiar with the project and you can contact Tracy Peterson (President) at the Detroit Lakes branch at 218-844-3000. They do have multiple locations and you can check them out at www.statebanks.com.  

WHAT ABOUT SECURITY?
These are Foltz buildings and are constructed of high quality commercial grade steel and doors. Each building is very well lit with dusk to dawn exterior lights. You may install a personal security system within your building.

WHEN WILL THESE UNITS BE AVAILABLE?
The first two buildings are now available. 

 

 

 

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