250 Balboa Dr - Self-Storage Facilities FOR SALE


Hot Springs Village, AR 71909
$9,500,000 USD
619-995-6200
250 Balboa Dr, Hot Springs Village, AR for Sale
$9,500,000 USD
Self-Storage Facilities - FOR SALE
1/3
null | 4.45% Cap Rate

250 Balboa Dr
Hot Springs Village, AR 71909


HIGHLIGHTS

  • Positioned at the main Balboa Gate with dual community and external access.
  • Only incoming new supply in the five-mile radius, with expansion nearing completion.
  • Strong upside demonstrated by pro forma NOI growth supported by expansion lease-up.
  • Stable, retirement-driven demographic base with above-average household income.
  • Pro forma Year 2 NOI of $716,586.

OVERVIEW

USA Self Storage – Balboa presents a rare opportunity to acquire a market-dominant storage investment in the heart of Hot Springs Village, the largest gated community in the United States. Ideally positioned at the Balboa Gate with direct access to Highway 5, the property benefits from steady internal demand generated by a stable, affluent retirement population and from external traffic entering one of Arkansas’ most desirable residential environments. The facility spans a substantial footprint with a diverse mix of climate-controlled and non-climate units, enclosed and covered vehicle storage, and on-site management supported by Sitelink operational software. Developed in three phases and now undergoing a 33,030-square-foot expansion, the asset offers immediate scalability in a highly constrained submarket where no new competing development exists within a five-mile radius. The demographic profile surrounding the property underscores durable long-term demand. The local median household income exceeds statewide averages, and restrictive POA covenants prohibiting parking of RVs and boats create an inelastic, captive customer base for the facility’s specialized vehicle storage product. Financial performance is anchored by consistent occupancy and a current NOI of $422,652, with a pro forma Year 2 NOI of $716,586 driven by expansion lease-up and institutional management efficiencies. As the only new supply entering the trade area, the expansion is projected to deliver over $108,000 in additional stabilized NOI. Combined with high barriers to entry, a recession-resistant user base, and proximity to amenities like Lake Balboa and the regional tourism draw of Hot Springs, this offering represents a compelling opportunity for investors seeking scale, stability, and upward revenue potential in a tightly constrained Arkansas market.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

4.45%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.21 AC

LAND SF

357,628 SF

ZONING

C

APN/PARCEL ID

200-54425-003-000,200-54425-004-000,200-54450-077-000

ASK ABOUT THIS PROPERTY

Susan WillisSkyView AdvisorsMore Info
619-995-6200

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Susan WillisSkyView AdvisorsMore Info
619-995-6200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.