RallyPoint Motor Condos for High End Automobiles, Boats, Coming to Hendersonville
Classic and antique cars, boats and RVs have never tasted so good in Hendersonville.
The city’s planning commission recently approved a plan to build 31 condominiums with starting prices of around $200,000. But, these condos are not for people. They are intended for high-end machines.
RallyPoint Motor Condos will be built on nearly 4.5 acres at 752 E. Main Street, just west of Hendersonville Produce.
“A pretty unique addition to the city,” said one of Hendersonville’s two Ward 5 representatives, Rachel Collins.
Business owners JR Ernst and his wife Carol Ernst, of Hendersonville, plan to open the new development in the third quarter of this year. The 31 units are for sale.
“We plan to start other locations and (eventually) a franchise in other cities,” said Carol Ernst. The couple are already considering land in Williamson and Davidson counties.
Units cannot be used as a personal residence and restrictions are in place to prevent owners from operating a business that would bring customers in and out, according to discussions with planning commissioners.
An association of co-owners is planned.
Storage condominiums will come in different sizes, starting at 25 feet by 40 feet. Prices per base unit will start around $250,000, Carol Ernst said.
Landlords can lease their units with a minimum of six months on any sublease agreement. JR Ernst told planning commissioners that rentals were rare in similar concepts they were considering in the United States.
RallyPoint is estimated to provide about $40,000 a year in property tax revenue with “negligible impact to our infrastructure,” Hendersonville Mayor Jamie Clary said.
“It’s going to fill a need, attract business, and it’s an opportunity for a local business to expand away from Hendersonville,” Clary said.
More than 60% of the units were pre-sold with a $5,000 refundable deposit, Ernst said.
Each unit will have a garage door and owners will be able to arrange their space according to their specific needs, said Carol Ernst. Owners can bring car stack lifts for multiple smaller vehicles if desired.
RallyPoint Condos will also have a clubhouse with televisions and grills to facilitate a social gathering place for owners. The Ernsts will also set up their offices there.
“Hendersonville is changing,” said the city’s other Ward 5 alderman, Jonathan Hayes. “A lot of people move here and a lot of them are well off. I think it’s a win-win, and it’s good for Ward 5.”
The Ernsts, who have worked in the hospitality industry, came to the business concept after having difficulty storing an RV they wanted to buy. The couple looked at other high-end auto storage concepts across the country to come up with their own plan.
Contact Andy Humbles at [email protected] or 615-726-5939 and on Twitter @AndyHumbles.