That mix of growth and events makes Newberry a good home for storage, lodging, and event adjacent businesses. Chino is happy to look at deals that ride the Gainesville spillover.
Why this market
- Fast residential growth spilling west from Gainesville
- Easton Newberry Sports Complex and Canterbury equestrian events
- Strong agricultural roots and open land for development
- Easy commute to Gainesville and UF
What Chino buys here
Self storage, RV and event lodging, small multifamily, and service businesses serving new rooftops.
Chino has $400,000 to put down and financing lined up for purchases up to about $3.4 million. He keeps deals that pay for themselves and net him a fair living without a full time grind.
How Chino looks at a Newberry deal
The first question is always whether the numbers work on what the place earns today, not on a story about what it might earn someday. Chino underwrites a Newberry deal on its trailing twelve months, checks that the income covers the loan with room to spare, and looks for one clear lever to improve it, like adding sites, raising under market rents, or filling empty space. If a deal needs everything to go right just to break even, it is not a fit. If it pays for itself from day one and has room to grow, that is the kind of Newberry property he wants to own. The financing is already lined up, so once the numbers check out he can move without a long wait.