12010 Old Highway 71 S - Self-Storage Facilities FOR SALE
Fort Smith, AR 72916 |
$4,300,000 USD
12010 Old Highway 71 S
Fort Smith, AR 72916
HIGHLIGHTS
- Well-positioned on Hwy 71 in a stable/growing residential corridor with easy access to both I-49 (6,900 VPD) and I-540 (30,000 VPD)
- The property includes climate-controlled units, non-climate-controlled units, warehouse, and RV covered and uncovered spaces
- Value-add opportunities in place:
- On-site management recently added, Below market occupancy in growing corridor
- Expense recapture opportunities
- Expansion space available at expiration of ground lease
FOR SALE DETAILS
PRICE
$4,300,000 USD
PRICE/SF
$70 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
51
LAND DETAILS
LAND ACRES
9.76 AC
LAND SF
425,135 SF
ZONING
-
APN/PARCEL ID
16874-0000-00004-00
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