Frequently Asked Questions
What is Monterey Motorsport Park?
Monterey Motorsport Park is a private garage/storage condominium facility for car collectors, motorsports enthusiasts, RV/boat owners, hobbyists, or anyone who needs extra space for business or personal storage. The four-building, 90,000 sq. ft. complex represents the next evolution in garage-condos, taking the concept to a whole new level of luxury and exclusivity.
Do I own my unit?
YES. These are fee-simple storage condos that you own in a way that’s similar to how you would own a residential condominium.
How many condos are there and what are the unit sizes?
There are 86 garage-condo units in total, with sizes ranging from approximately 698 sq. ft. to 2,597 sq. ft.
Can I combine units?
YES. Some units have the ability to be combined with “pass-thru’s” on adjacent walls, subject to building code requirements.
What are unit depths and widths?
Unit depths range from approximately 30’ to 64’ feet. Widths range from approximately 17’ 6” to 50’. Ceiling heights reach up to approximately 26’. All units will have oversized roll-up truck doors of 14′ x 14’ or 12’ x 14’, depending on the building and individual unit.
Are these units tall enough for an RV?
YES, especially in Building A, where the 14’ roll-up doors will be more than adequate for vehicles such as sprinter vans and even some larger RVs — depending upon the length of the motorcoach and the size of the unit being purchased.
How large is the mezzanine area in each unit?
The mezzanines represent approximately 30% of the total useable unit space. This is an ideal area to customize into a personal office or luxury retreat. Mezzanines range from 16’ 9” w x 12’ 8” d in the smallest units in Building D, to 49’ 3” w x 21’ 5” d in the largest units in Building A. The mezzanines are 13’ above the garage floor (a consideration if you plan to park an RV in your garage-condo), reached via an interior staircase.
Can semi-trailers and other oversized vehicles or those towing a trailer access the site?
Monterey Motorsport Park hired a consultant to conduct a turning analysis for 55’ semi-trailers, 30’ motorhomes and passenger cars pulling a 20’ boat trailer to validate the access that will be available. Please see the results here.
What options and upgrades are offered?
Custom upgrades available at additional cost include epoxy or polished concrete floors, private restrooms, coffee bars or other cabinetry, enhanced lighting, high-speed cloud-based Internet access and video surveillance systems, and automatic garage door openers.
Are there restrictions on my use of the unit?
YES. You may store your RV, boat, car, household items, commercial items, or business file and materials, and even work on your projects within your unit. However, uses that create excessive noise, dust, hazardous materials or pollutants, or result in obvious fire hazards or negatively impact the reasonable use and enjoyment of other units are not permitted. You’ll get a chance to review and accept the formal, detailed CC&Rs during the purchase process.
Can I rent out my unit?
YES. Any tenants must follow the rules and regulations of the owners’ association and acknowledge them upon lease execution, but beyond that, you are free to rent your unit to acceptable tenants.
Can I live in my unit?
Can I work on my vehicle in my unit or use it for a hobby/workshop?
YES. You can do almost anything you would ordinarily do in your home garage, as long as your work or hobby does not reasonably interfere with the enjoyment of another unit occupant and does not violate any of the restrictions in the CC&Rs or association rules.
Can I operate a business from my unit?
YES, definitely. A wide variety of business uses are “principally permitted,” meaning that no special use permit is required. These range from certain industrial uses, labs and other medical facilities to most office uses, R&D and more — as long as the business has relatively low demands for water consumption, will create minimal traffic and doesn’t require much parking for employees or customers. Other uses may be allowed with proper permits. Full details of any requirements will be outlined in the final CC&Rs. Please speak with your sales representative for more information.
Will there be bathrooms inside each unit?
NO. There will be a common-area bathroom and sink for the facility in Building A. However, every unit will offer the capability to connect to the fresh water line and sewer line to accommodate a restroom, either purchased as an upgrade or installed by the owner at a later date.
Will the facility have a clubhouse?
NO. Our experience has taught us that many of the owner-users prefer to hang out in their own units and enjoy their own mezzanine “retreat” spaces.
Are there phone lines in the units?
YES. Cat 6 wiring is provided for unit owners desiring phone service or Internet access. Optional cable access is also expected to be available for television connections and high-speed broadband service.
Will the complex have a security system?
YES. Security features such as access-controlled entry gates, security lighting, plus video of the facility perimeter and every unit’s entry doors — with 24×7 live monitoring
Can I access my unit 24 x 7?
YES. There are no access restrictions, day or night.
Is there an RV dump station or other amenities on-site?
YES. There will be a dump station and on-site air will be conveniently located within the complex. Hose bibs will also be located throughout the facility for the filling of fresh water tanks and other occasional needs — subject to owners’ association rules. In addition, Monterey Motorsport Park will have a small car wash facility and an electric charging station for electric-powered vehicles.
Are there monthly costs associated with my unit?
YES. Currently, the monthly association fees are anticipated to be approximately $.22 to $.24 per square foot. These fees pay for common-area space, landscaping, water, exterior lighting and electricity usage, facilities maintenance, monitoring, and insurance.
Who pays for the electricity in my unit?
Each unit will be individually metered by PG&E, so you can pay your own electric bill for your space directly and use as little or as much power as you need.
Individual Metered, 200 Amp Sub Panel, Single Phase, 120/208V
Will conventional and SBA financing be available?
Yes, our preferred lender, Avidbank, has both types of financing available — including new fixed SBA 504 loans with terms of 25 years, in addition to the familiar SBA 10- and 20-year loans. For more information, please contact:
Joe Maleti, EVP–Division Manager, Commercial Real Estate Lending, at Avidbank at (408) 831-5644. Or email firstname.lastname@example.org.
SBA Financing: Sue Chandler, Senior Vice President, SBA Department Manager Santa Cruz County Bank at (831) 457-5003 ext. 2151 or email@example.com
Conventional Financing: Doug Fischer, Senior Vice President Relationship Manager Construction & Commercial Real Estate, Santa Cruz Count Bank at 831-457-5003 ext 2149